405 Chickamauga Drive, Dayton, TN 37321

$3,980,000
Property Type: Multi-Family Square Footage: 22,528 Status: Active
Current Price: $3,980,000 List Date: 3/30/2026 Last Modified: 3/30/2026

Overview

Description

Presenting an exceptional opportunity for workforce housing investment in Dayton, TN. This 22,528 SF property, originally built in 2021 as a hotel has been converted to workforce housing and has maintained high occupancy since conversion. 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. The sale price includes 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.

Listing Details MLS# 1334630

Location Tax Legal Info

House #
405
Street Name
Chickamauga
St Suffix
Drive
State/Province
TN
Zip Code
37321
PIN #
090P C 00700 000

Contract Info

Auction Y/N
No
Listing Price
3980000

General Property Description

SqFt - Total (Aprox)
22528
Lot Dimensions
IRR
Number of Units
31
Utilities/Mo Avg
1850
Year Built
2021
Property Status
N/A
Driveway
Waterfront

Status Change Info

Status Change Date
2026-03-30

IncomeExpenses

Net Operating Income
290839

More Information

Property Features

Property Sub-Type: Apartment Type of Units: Efficiency Unit; 2 Bedroom Unit; Furnished Sale Includes: All Furnishings; Building and Land Floors: Other Tenant Expenses: Other Owner Expenses: Other Fuel: Other Fuel Heat: Other Cooling: Other Appliances: Other Construction: Other Roof: Other Siding: Other Misc Features: Internet Available; Other Other Rooms: Office; Other Miscellaneous: Club House; Coin Laundry; Security System; TV Cable Available; Utility Room New Financing: Alternative; Assumable; Call Listing Agent; Cash; Conventional Showing: See Agent Instructns
IDX
Listing Office: NAI Koella l RM Moore
Last Updated: March - 30 - 2026
The data relating to real estate for sale on this Web Site comes from the IDX Program of the East Tennessee REALTORS® Multiple Listing Service. © Copyright 2026 All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. This information is updated daily, however, some of these properties may subsequently have sold and may no longer be available. The Real Estate Broker providing this data believes it to be correct, but advises interested parties to confirm the data before relying on it in a purchase decision.