$1,700,000

Apartment Ooltewah

  • 22 Beds
  • 16 Baths
  • 4,984 Sqft
  • 1.4 Ac lot
  • Updated: Today
  • MLS#1541265

About the Property

16-unit multifamily investment opportunity in Ooltewah, Tennessee. Firefly Acres consists of two apartment buildings offering a mix of one- and two-bedroom units, with 94% occupancy and an established rental history. Units feature a combination of updates including LVT flooring, fresh paint, and washer/dryer hookups.

The property provides an established income stream, with trailing 12-mon
16-unit multifamily investment opportunity in Ooltewah, Tennessee. Firefly Acres consists of two apartment buildings offering a mix of one- and two-bedroom units, with 94% occupancy and an established rental history. Units feature a combination of updates including LVT flooring, fresh paint, and washer/dryer hookups.

The property provides an established income stream, with trailing 12-month total income of approximately $200,000. Additional upside exists through continued rent growth as leases renew and units turn, along with supplemental revenue from pet fees and other tenant charges.

With 16 units concentrated in one location, Firefly Acres offers investors meaningful multifamily scale in the growing Ooltewah market. Financial statements, current rent roll, operating information, and additional due diligence materials are available to qualified buyers upon request. Please do not disturb tenants
  • Property type

    Apartment

  • Year built

    1980

  • Price/sqft

    $341

Explore the Area

7437 Private Lane, Ooltewah, TN 37363, Tennessee, United States View on Google Maps
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Jackson Malcolm

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Jackson Malcolm
United States
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2026
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Chattanooga-Downtown
Chattanooga-Downtown
1830 Washington Street, 37408, Chattanooga, United States
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Last updated
Today
First listed
Aug 22
Agent licence
#370142
Listing reference
2150514826910014
Listing status
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