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7411 Pinewood Dr, Chattanooga, TN 37421

$11,500+/Unit

Commercial property for sale

Added: 01/29/2013
Last Update: 04/16/2013
7411 Pinewood Dr Chattanooga, TN 37421 US
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Contact info

  • 423-664-1600 [Office] 

Description

This offering is to sell the proposed project as a complete package described below for Luxury Apartment Homes. The property is comprised of 19 clusters two and three stories of 184 units apartment with garages, most of the garages are attached with conveniently access directlyto the main secured foyer. The Ground floor units are town-home like arrangement with two-car garages direct access to the unit. The property will be developed as the most luxurious Apartment Homes in Chattanooga, the three story units will be served with elevators. This 11-acre property is ideally located half mile from major Hamilton Mall, the land is situated at the corner of Gunbarrel Road and Pinewood Drive and surrounded by mature trees around the perimeters of the property. The property will be set with a Prestigious Clubhouse, swimming pool and luxurious amenities. The Clubhouse will be equipped with modern exerciseequipments, state of the art theater room, and Wi-Fi connections through out the pool and clubhouse area. Included in this offering is:-All land located at 7411, 7421, 7423, 7425, and 7427 Pinewood Dr-Right to purchase real property pursuant to Trust Agreements-City Planning approval for 184 Units/conditions (R3)-Phase I Environmental Study-Geological Report and Land Survey-Complete Design Package-Progress CAD Working Drawing (including Photos on Listing)-Market Analysis-All Due Diligence undertaken by SellerFurther information such as the project detail, Phase I, Geological Reportand market study information will be provided upon request. For project overview please visit: www.providenceatpinewood.com. We are aiming to achieve gold LEED certification.Square footage breakdown:Net rentable units: 172,960 SFRentable garages: 50,155 SFTotal rentable: 223,115 SFGross buildings: 266,231 SFThere are 222 enclosed garages which will add to the attractiveness of these luxury apartments. All info deemed reliable but no guaranteed. Buyer to verify information to their satisfaction. Building price details: $2,116,000.

Property Details

  • Building Name:Proposed Providence at Pinewood Luxury Apartments
  • Type: Multifamily
  • Use Types:Vacant Land
  • Status: Available
  • MSA: Chattanooga
  • Zoning: R3
  • Buildings: 19

Terms

  • Cash to Seller 

Agent

Judy Webster
423-664-1600 [Office]

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