Investment Highlights

Repositioned Asset Following $1.5 Million Renovation: Views at Signal Mountain recently underwent a substantial renovation to its interiors, common areas, and amenities package. Highlights include a $7,740/unit upgrade on Interiors and additional $601,941 on Exteriors & Amenities.

Expansive Amenities Package: The property offers its tenants a luxurious amenities package, including a Reserved Covered Carport, Swimming Pool, Covered Pavilion w/ Grilling Station, Fenced-In Dog Park, 24-Hour Fitness Center, Resident Lounge w/ Free Wi-Fi, Automatic Coffee Barista, & Beautiful Views.

Significant Upside Opportunities: Views at Signal Mountain has ample green space which allows flexibility to add one or more amenities and increase its competitive advantage:

  • Improved Dog Park
  • Hammock Garden
  • Community Garden
  • Disc Golf
  • Sand Volleyball Court
  • Storage Units
  • Bike Racks

$800M Volkswagen Investment: In November 2019, Volkswagen broke ground on an $800M electric vehicle plant, which is expected to create 1,000 jobs. The 762,000 SF addition is expected to be completed by early 2022.

Chattanooga’s Rapid Income Growth: Due to employment growth in the area, Chattanooga’s median household income has been growing rapidly, ranking 6th out of 382 metropolitan areas in recent years. 

Convenient Access to Chattanooga’s Largest Employers: Located 7 miles north of Downtown Chattanooga via Hwy 27, The Views at Signal Mountain offers a convenient commute to Chattanooga’s diverse employment base:

  • Erlanger Health System - 8,459 jobs
  • BlueCross BlueShield of Tennessee - 5,254 jobs
  • Tennessee Valley Authority - 3,502 jobs
  • CHI Memorial - 3,271 jobs
  • McKee Foods - 3,100 jobs
  • Unum - 2,800 jobs
  • Volkswagen Chattanooga - 2,498 jobs
  • Amazon - 2,044 jobs
  • Cigna - 1,350 jobs
  • The University of Tennessee - Chattanooga - 1,291 jobs

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