Address: 405 Chickamauga Drive, Dayton, Tennessee, US
Created date: April 11, 2024
Date last updated: April 25, 2024
- – 22,528 SF newly built property
- – 26 modern, spacious units
- – Zoned for Commercial – Hospitality use
- – Potential for conversion to multifamily housing
- – Ideal for low-rise/garden-style residential development
- – Prime investment opportunity in the thriving Dayton area
- – Contemporary design and layout
- – Well-suited for workforce housing conversion
- – Designed to meet the demand for quality residential accommodations
- – Versatile property for multifamily real estate investors
Property Description
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 spacious layout and modern design, this property is well-suited for meeting the demand for affordable workforce housing in the Dayton area. Investors looking to make a meaningful impact in the community through the conversion of hotel space into workforce housing will find this property to be a compelling and promising opportunity.
The sale includes the adjacent 1.4-acre parcel and all construction plans for Phase II of the development. It would allow an investor to add 26 units if constructed according to plan. If desired, plans can be modified to include more units and/or garages.