Investment Highlights

Spacious Floor Plans in Scenic Locations: Both properties feature some of the largest floor plans in the submarket, robust amenities packages, and scenic views. Lakeshore on the Hill offers gorgeous views of the Tennessee River, while Trails of Signal Mountain offers beautiful views of Signal Mountain.

Proven Value-Add Opportunities: Both properties have had a few units renovated which achieved rent premiums, while area comparables support the viability of continuing a value-add initiative. By updating the units at both sites, new ownership could potentially push rents up to $150 per unit.

Chattanooga Rankings & Population Growth: As one of Livability’s Top 100 Best Places to Live, Chattanooga has gained national recognition for its growing economy and lifestyle:

  • #1 ‘Best Midsize Cities for New Grads’ by Onlinedegrees.com
  • #3 ‘Best in the U.S’ by Lonely Planet
  • #3 ‘America’s Most Startup-Friendly Cities’ by Fortune

Recent Economic Activity: Arrive Logistics, a Top 50 freight brokerage firm, announced a $25 million expansion, of which $3.6 million will be invested in Chattanooga to add 500 jobs. In 2019, the Chattanooga Red Wolves soccer team announced a $125 million investment to develop a mixed-use site including a brand-new soccer stadium, housing, retail space, restaurants, hotels, and 1,000+ jobs.

Diverse Employment Base: Chattanooga is home to 20 companies across the Healthcare, Education, Energy, Automobile, Consumer Products, and Manufacturing industries that employ at least 1,000 people. Notable and international brands include:

  • Erlanger Health System - 8,459 jobs
  • BlueCross BlueShield of Tennessee - 5,254 jobs
  • Volkswagen - 2,498 jobs
  • Amazon - 2,044 jobs
  • Coca-Cola - 1,002 jobs

Bustling Transportation Hub: Chattanooga’s ideal location makes it an ideal hub for all types of business, as the city provides easy access to Road, Rail, Water, & Air

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