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BJ Can Help You Purchase This Unit
Thank you for choosing Daniel Parker! As one of the Knoxville area's premier Real Estate Brokers, I am uniquely qualified to help you find the perfect property. On the lake, around town or out on a farm. Remember, BJ is here to help!
405 Chickamauga Drive, Dayton, 37321
Priced At: $3,980,000
Property Details for ID: 1334630
SqFt: 22,528
Price SqFt: $177
Total Bedrooms: ********
Full Baths: ******** / Half Baths: ********
MLS Status: Active
Property Type: MultiFamily
On Market Date: 2026-03-30T15:00:55Z
Public Remarks: 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.
Schools Information
Elementary School:Middle / Junior School:
High School: Rhea County
Building Description
SqFt (Total): 22,528
Exterior Features
Appliances
Room Dimensions
Interior Features
Property Details
Utilities
Financing
Annual Operating Expenses: 172,589
Net Operating Income: 290,839
HOA Information
Heating & Cooling
Garage / Parking
Community Features
Outbuildings
Up Coming Open Houses
Directions
Chickamauga Dr
Your commute
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Mortgage Calculator
This is your Principal & Interest Payment only - you will still have to add HomeOwners Insurance and Taxes for a Total Monthly Payment. The Loan Amount Figure is based on a 20% down payment, Private Mortgage Insurance (PMI) is required with less than a 20% down payment. I can provide you with names of Mortgage Loan Officers that will provide you more details on your payment and total down payment requirements.
Four Reasons to Use Daniel Parker
Buying or Selling real estate should be fun and simple. With me, that's exactly what you can expect. I will strive to make each and every interaction a professional and pleasant experience!