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Multifamily

Mountain Shadow Apartments

2 Killian Ave, Trenton, GA 30752

Listing Price: $2,100,000

Cap Rate
6.39%
Number of Units
30
GRM
7.29
Price/Unit
$70,000
Price/Gross SF
$127.27
Gross SF
16,500

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Mountain Shadows Apartments in Trenton, GA. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in the Chattanooga MSA.

Strategically located just 25 minutes from downtown Chattanooga, Mountain Shadows benefits from the economic vitality and population growth of one of the Southeast’s most dynamic midsized metros. With Chattanooga’s rental demand outpacing supply, this asset is well-positioned to capture consistent cash flow and long-term appreciation. Investors have the opportunity to acquire a stabilized property with operational upside in a growing market, supported by favorable demographic trends and a limited pipeline of comparable rental housing in the immediate area.

Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.

AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE MOUNTAIN SHADOWS APARTMENTS.

Investment Highlights

  • Rents are currently $127 below the market rate
  • Opportunity to enhance tenant appeal and drive rent growth through strategic interior renovations.
  • Located ~25 minutes from downtown Chattanooga, TN - providing easy access to major employment, education, and healthcare hubs

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s) GA: 252904

    Georgia

Financing By

Multifamily

Mountain Shadow Apartments

Listing Price: $2,100,000

Cap Rate
6.39%
Number of Units
30
GRM
7.29
Price/Unit
$70,000
Price/Gross SF
$127.27
Gross SF
16,500

Investment Highlights

  • Rents are currently $127 below the market rate
  • Opportunity to enhance tenant appeal and drive rent growth through strategic interior renovations.
  • Located ~25 minutes from downtown Chattanooga, TN - providing easy access to major employment, education, and healthcare hubs

Investment Overview

Marcus & Millichap has been selected to exclusively market for sale the Mountain Shadows Apartments in Trenton, GA. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in the Chattanooga MSA. Strategically located just 25 minutes from downtown Chattanooga, Mountain Shadows benefits from the economic vitality and population growth of one of the Southeast’s most dynamic midsized metros. With Chattanooga’s rental demand outpacing supply, this asset is well-positioned to capture consistent cash flow and long-term appreciation. Investors have the opportunity to acquire a stabilized property with operational upside in a growing market, supported by favorable demographic trends and a limited pipeline of comparable rental housing in the immediate area. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. AT NO POINT SHOULD TENANTS OR STAFF BE CONTACTED REGARDING THE SALE OF THE MOUNTAIN SHADOWS APARTMENTS.

Exclusively Listed By

Broker of Record

  • John M. Leonard

    First Vice President/Regional Manager

    (678) 808-2700

    License(s): GA: 252904

    Georgia

Financing By

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