The Chickamauga

Single Family

1866

Sqft

2022

Details
Financials
Performance

$372,300

Purchase Price

$2,320

Rent / Mo

Property Leverage

578 Shanti Drive, Chattanooga, TN 37412

About

The Chickamauga is a three-bedroom, three-bathroom home with an attached two-car garage. It features an open floorplan with modern finishes and is located close to countless attractions, restaurants, shopping centers, and interstates, and is only minutes from Downtown. This property neighbors the South Chickamauga Creek.

Tenant Leasing Process

The time needed to sign the first tenant lease is variable and can depend on several factors including seasonality and whether the property requires any sort of renovation. Historically the average time to lease has been 45 days and has ranged from a minimum of 7 days to over 90 days. For more details on each status, check out the different rental statuses here.

Rented

Rental Status

This property is eligible to start receiving dividends after its first lease is signed.

The Market

Chattanooga, TN

The Chattanooga, Tennessee, real estate market is situated along the picturesque Tennessee River, defining itself as the state's fourth-largest city and earning the official nickname, the "Scenic City," owing to its breathtaking surroundings of mountains, ridges, and valleys. The real estate landscape in Chattanooga is influenced by the city's vibrant downtown, which boasts a diverse array of entertainment, dining, cultural, and architectural attractions. The Tennessee Aquarium, the Creative Discovery Museum, and the historic Walnut Street Bridge contribute to the city's cultural richness and serve as magnets for residents and visitors alike. Chattanooga's business scene includes notable entities such as Access America Transport, BlueCross BlueShield of Tennessee, CBL & Associates, The Chattanooga Bakery, and Sanofi. The city is home to the world's first Coca-Cola bottling plant. With its scenic beauty, cultural amenities, and a thriving business environment, the Chattanooga real estate market offers a compelling mix of lifestyle and investment opportunities.

Common Questions

How Arrived works

What returns can I expect

What to expect if my property is still seeking a tenant

Diversification

Investing horizon & liquidity

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