1802 South Holtzclaw Avenue

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1802 South Holtzclaw Avenue

Chattanooga, TN 37404
Asking Price
$1.60M
Asset Type
Residential Mixed-use
Class
Class B

What's Special

16-Unit Townhome Development Opportunity | Pad-Ready Site with All Infrastructure <p><strong>Pad-Ready Development Site</strong></p><p> All major infrastructure already installed, significantly reducing development timeline and upfront costs.</p><p><strong>Approved for 16 Townhomes</strong></p><p> Efficient site layout designed for maximum unit density and strong project economics.</p><p><strong>Strategic Chattanooga Location</strong></p><p> Located minutes from Downtown Chattanooga, I-24, Hamilton Place, shopping, dining, and major employers.</p><p><strong>Flexible Mixed-Use

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NOI
$80,000
Cap Rate
5.00%
DSCR
0.84
Underwater
Cash-on-Cash
-3.12%
Monthly Payment
$7,915.927
Annual Cash Flow
$-14,991.124

Location & Travel Times