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608 READS LAKE RD
CHATTANOOGA, TN 37415
Asking Price
$60K
Asset Type
Residential Land
Class
Class B
What's Special
0.40± Acre Lot | Adjacent Parcel Also Available <p>0.40± acre vacant lot offered at $60,000</p><p>Excellent opportunity for builders, investors, or future homeowners</p><p>Adjacent 0.50± acre parcel at 616 Reads Lake Rd also available</p><p>Opportunity to acquire approximately 0.90± acres if purchased together</p><p>Convenient access to major roadways, shopping, dining, schools, and Downtown Chattanooga</p><p>Ideal for a custom home, investment property, or long-term land hold</p><p>Blank slate for future development, subject to applicable ap
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NOI
$80,000
Cap Rate
133.33%
DSCR
22.46
Strong
Cash-on-Cash
424.65%
Monthly Payment
$296.847
Annual Cash Flow
$76,437.833
