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920 Glenwood Drive
Chattanooga, TN 37406
Asking Price
$965K
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Multifamily | 6 Units <p><span style="color: rgba(0, 0, 0, 1)">Exceptional investment opportunity featuring two adjacent properties on Glenwood Drive. 916 offers a fully developed four unit multi-family building with immediate income potential. 920 features a single finished unit, alongside a spacious 2,000 sq ft, 8-bed/2-bath unit awaiting renovation Combined, these properties showcase strong cash flow and significant development upside in a desirable location.</span></p><p></p><p>17 Beds</p>
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NOI
$80,000
Cap Rate
8.29%
DSCR
1.40
Strong
Cash-on-Cash
7.84%
Monthly Payment
$4,774.293
Annual Cash Flow
$22,708.478
