405 Chickamauga Drive Dayton, TN $ 3,200,000
405 Chickamauga Drive
$ 3,200,000
Share Save

405 Chickamauga Drive

Dayton, TN, 37321
$ 3,200,000
Baths0.0 Sq 22,528

Monthly Estimate*

$ 21,268

405 Chickamauga Drive, Dayton, TN 37321 - Image 1
405 Chickamauga Drive, Dayton, TN 37321 - Image 2
405 Chickamauga Drive, Dayton, TN 37321 - Image 3
405 Chickamauga Drive, Dayton, TN 37321 - Image 4
405 Chickamauga Drive, Dayton, TN 37321 - Image 5
405 Chickamauga Drive, Dayton, TN 37321 - Image 6
405 Chickamauga Drive, Dayton, TN 37321 - Image 7
Studio

Multi-Family Home for sale in Dayton, TN

for $3,200,000. This 22,528 square foot home was built in 2021.

Presenting an exceptional opportunity for workforce housing investment in Dayton, TN. This 22,528 SF property, originally built in 2021 as a hotel, offers 26 units and is zoned for commercial-hospitality use. Positioned for conversion to multifamily workforce housing, this property presents an ideal prospect for investors seeking to repurpose hotel space. With its efficient layout and design, this property is well-suited for meeting the demand for affordable workforce housing in the Dayton area. The garages offer an additional sense of security and storage for the residents. Investors looking to make a meaningful impact in the community by converting hotel space into workforce housing will find this property a compelling and promising opportunity. The sale price includes an allocation of $300,000 for the adjacent 1.4-acre parcel and all construction plans for Phase II of the development. If constructed according to plan, it would allow an investor to add 26 units. If desired, plans can be modified to include more units and/or garages.

See more

Multi-Family Active

Price

$ 3,200,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

2021

Town/City

Dayton

County/Region

Rhea

MLS | Web ID

1262506

Features
General
Heating Other
Construction Materials Other
Year Built 2021
County Rhea County - 42
Property Type Multi-Family
Attached Garage N
Garage Y/N N
Status Active
Directions Chickamauga Dr
High School Rhea County
City Dayton
Buyer Agent Compensation 2.8000
View Y/N N
NumberOfUnitsTotal 26
MLS Area Rhea County - 42
Lot Size Square Feet 0.0
Carport Y/N N
Street Name Chickamauga
Land Lease Y/N N
Home Warranty Y/N N
Lease Renewal Y/N N
MLS Area Minor Rhea County - 42
Additional Parcels Y/N N
Lease Considered Y/N N
Rent Control Y/N N
Standard Status Active
Buyer Agent Compensation Type %
Senior Community None
See more
Interior
Flooring Other
Basement (Y/N) N
Heating Y/N Y
Street Suffix Drive
Electric On Property Y/N N
Total Baths 0
See more
Exterior
Parking Features Other
Lot Size Area 0.0
Spa N
Building Area Total 22528.0
Lot Dimensions IRR
Lot Size Acres 0.0
Crops Included Y/N N
Open Parking Y/N N
Horse Y/N N
Irrigation Water Rights Y/N N
See more
Internal Only
Street Number 1 405
See more
* Excluded Features
List By
Ryan McElveen

Listing Agent

Nai Koella L Rm Moore

Broker

Affordability Calculator

$21,268
Per Month
100%
0%
0%
Monthly Principal & Interest
$21,268
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
4508136 Elementary School
4508269 Middle School
Rhea County High School High School
Pricing History
DatePricePrice ChangeDescription
5/10/2024$3,200,000 Listed Price

Map


See all

405 Chickamauga Drive, Dayton, TN, 37321 is a Multi-Family Home for sale at $3,200,000 with 22,528 sqft. 405 Chickamauga Drive is a studio with 0.0 baths and was built in 2021. The property's zip code is 37321 which is in Dayton, TN