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7437 Private Lane, Ooltewah, TN 37363

Hamilton County · Apartment
$1,700,000
Bedrooms
22
Living area
10,136 sqft
Acreage
1.4 acres
Year built
1980
Property type
Apartment
County
Hamilton
MLS number
1541265

About this property

16-unit multifamily investment opportunity in Ooltewah, Tennessee. Firefly Acres consists of two apartment buildings offering a mix of one- and two-bedroom units, with 94% occupancy and an established rental history. Units feature a combination of updates including LVT flooring, fresh paint, and washer/dryer hookups.

The property provides an established income stream, with trailing 12-month total income of approximately $200,000. Additional upside exists through continued rent growth as leases renew and units turn, along with supplemental revenue from pet fees and other tenant charges.

With 16 units concentrated in one location, Firefly Acres offers investors meaningful multifamily scale in the growing Ooltewah market. Financial statements, current rent roll, operating information, and additional due diligence materials are available to qualified buyers upon request. Please do not disturb tenants.

Property details4 groups

Utilities

Water
Public
Sewer
Septic Tank
Heating
Central, Electric
Cooling
Central Air, Electric

Construction

Construction
Other
Roof
Shingle
Levels
Two
Basement
Crawl Space

Land and access

Lot features
Level
Parcel number
077 075
Annual taxes
$7,747 a year

Schools

Elementary school
Snow Hill Elementary
Middle school
Hunter Middle
High school
Central High School

Information deemed reliable but not guaranteed.