Building Details:
302 Guild Dr is located in Chattanooga, TN.
This sale includes nine (9) excellent single family houses in Chattanooga, TN area. The houses are in great shape in good neighborhoods with good school systems. The seller has spent about $185,000 refurbishing these houses over the last several years.
Included in this listing are: Pictures, 3 years of rental history, location map, capital improvements list, 5-year cash flow projection. Upon acceptance of an offer copies of the leases will be available.
The leases were written so as to minimize the maintenance by the owner. Tenants are responsible for the normal upkeep of their house including the yard and minor maintenance.
Please see the attahced 5-year financail projection that shows that this investment has a 8.22% Cap Rate and an Internal Rate of Return (IRR) of 21.17%.
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