5 Apartment Buildings For Sale In Downtown Chattanooga: Price: $8,495,000

Monday, April 27, 2020

NAI Charter Real Estate Corporation is offering Papa Properties, LLC’s portfolio of apartments for sale. The price is $8,495,000.

The portfolio consists of five apartment buildings in the heart of downtown Chattanooga and are located at: 418 McCallie Ave, 416 McCallie Ave, 307 East 8th Street, 409 Georgia Ave, and 410 High Street.

The entire portfolio is within Chattanooga’s Opportunity Zone, Short-Term Rental Zone, and within walking distance to the Bluff View Arts District, Downtown, Bars/Restaurants on MLK Blvd., Riverwalk, the Innovation District, and The University of Tennessee Chattanooga.

This offering presents the opportunity for an investor to own apartment buildings within walking distance to many downtown attractions or reinvest and convert the apartments into short-term rentals. 

410 High Street                        $    895,000 
409 Georgia Avenue               $ 2,000,000 
418 McCallie Avenue              $ 2,200,000
416 McCallie Avenue              $ 1,100,000
307 E 8th Street                       $ 2,300,000

A due diligence package is available upon request and execution of a confidentiality agreement.


Police Blotter: Woman Tries To Confess To Crime Ex-Boyfriend Was Arrested For; Motel 6 Employee Says Man Broke Door With His Wheelchair

Latest Bradley County Arrest Report

Chattanooga Police Communications Coordinator To Move To The Private Sector


A woman at Hamilton Place called dispatch and said she wanted to confess a crime to police. An officer arrived and spoke with the woman who said she was trying to confess to a crime that a man ... (click for more)

Click here for the latest Bradley County arrest report. (click for more)

Elisa Myzal, communications coordinator for the Chattanooga Police Department, is taking a position in the private sector. Ms. Myzal said her final day with the CPD will be this Friday. ... (click for more)



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Police Blotter: Woman Tries To Confess To Crime Ex-Boyfriend Was Arrested For; Motel 6 Employee Says Man Broke Door With His Wheelchair

A woman at Hamilton Place called dispatch and said she wanted to confess a crime to police. An officer arrived and spoke with the woman who said she was trying to confess to a crime that a man had been arrested for. Police said it appeared as if the woman might be trying to take the blame for a crime that her ex-boyfriend did so he doesn't go to jail. The officer notified the investigator ... (click for more)

Latest Bradley County Arrest Report

Click here for the latest Bradley County arrest report. (click for more)

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It has long been said the two biggest days in a football coach’s life are the day he gets hired, and the day he gets fired. Being a college coach has never been as lucrative, with the nation’s elite universities paying around $10 million a year, but getting fired has an upside too. Ross Dellenger of Sports Illustrated notes, “We are one more big firing away from eclipsing $100 million ... (click for more)

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Plagued by a cold shooting performance, No. 13 Tennessee fell to Texas Tech in overtime Tuesday at Madison Square Garden, 57-52. Despite holding Texas Tech (7-1) to 19-for-61 (.311) shooting, Tennessee (6-2) shot just 19-for-71 (.268) from the field for the game, including 6-for-40 (.150) from 3-point range. ohn Fulkerson led the Vols in scoring with 10 points, also adding ... (click for more)

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The Chattanooga Mocs men's basketball team concludes a three-straight game road trip with a rematch against UNC Asheville inside Kimmel Arena in As­­heville, North Carolina on Wednesday night. Tip-off is set for 6:30 p.m. ET. Chattanooga (7-1) enters the game coming off an 85-64 rout at Lipscomb on Sunday and sits at No. 11 in the latest Collegeinsider.com's Mid Major Top 25 ... (click for more)