Chattanooga Weekly Deals: May 26th, 2022

Chattanooga Deals List

Every week we email out houses for sale that could be a good investment, along with a market update and real estate investing tips.

If you’re serious about buying in Chattanooga, reach out and we’ll set you up with your personalized search portal that will hit your inbox the minute a new listing that meets your criteria is listed for sale.

IF YOU ARE INTERESTED IN ANY OF THE DEALS BELOW REACH OUT TO US!

MARKET INSIGHT OF THE WEEK

 

WEBINAR REPLAY!

Do you have short term rentals? If so, this webinar is for you!  We deep dive into the technology tools to help you manage your short term rental in a minute!  

Dave and Adrienne cover the tricks of the trade to help you make this a more passive and enjoyable business!

Watch the recording here!
 

InvestAway| Long Distance Real Estate Investing Online Community

 
 
Are you looking to grow your real estate portfolio? Maybe you’re considering taking the leap into real estate investing? If yes, then you are in the right place! This group was built to create a community of like-minded ambitious investors who refuse to settle for average. This community is here to educate, support, and guide you as you go through your real estate investing journey. We couldn’t be more excited for you to join us!

Join our Facebook Group, follow us on Instagram
and visit our Website below!

 Facebook
 Instagram
 www.investawaytoday.com
 

Introducing New Local Hard Money Lender

 
  • Provides HML to preferred clients with as little as 5% down and loan values up to 75% of ARV!
  • Rapid deal approval, 2.5 point origination fee, 10% interest only payments for up to 6 months.
  • No other fees.
  • Send requests to lending@auburndalegroup.com
 

NETWORK HIGHLIGHT!



Keith Rocha of The American Insurance Group!
 

 
Remember whenever you need a trusted service providers, they are on our Auburndale Group portal. Fill out our form HERE to schedule a consultation call.
 

OFF MARKET DEALS
 

538 N. Crest Ct, Chattanooga, TN 37404

This unique opportunity to renovate a house in a premium Chattanooga location is sure to go fast!  For $575,000, you can get this nearly 4,000 square foot ranch, built in 1989, that has sweeping views of the Chattanooga valley, including the Tennessee river! Views don’t get better than this!  With an ARV of over $900,000, there is a lot of margin to make this house updated and amazing.
  • List Price: $575k
  • Estimated Rehab Budget: $200k 
  • The home has new HVAC units, newer roof, and new windows in portions of the house.
  • It needs updating, no major issues
  • Tax Record
  • CMA
  • Photo Album



 

WHOLESALE DEALS FOR SALE



390 Quill Drive NW, Cleveland, TN 37311
  • 5 beds, 3 bath, 3,072 sqft
  • $106,000
  • Built in 2001!
  • Located just outside of Cleveland about a mile from the interstate.
  • The property does need some work, but rest assured that the mechanical, plumbing, and electrical were all installed in 2001 when it was built
  • The only obvious issues are that there is no HVAC and the roof has a leak that has caused some damage
  • Property details:
    • Electrical uses circuit breakers & 3 prong outlets
    • PVC drain pipes
    • Copper water supply lines
    • Vinyl windows
    • 400 sqft deck
    • Located at the end of a private gravel road
    • Flat lot
    • Not in a flood zone
  • Photo Album
     
1315 E 36th St, Chattanooga, TN 37407
  • 2 beds, 1 baths, 750 sqft
  • $38,000
  • Perfect size for a rental or BRRRR in the hot Chattanooga rental market.
  • Roof is in great shape, no water damage.
  • 8 minutes from Historic St Elmo district.
  • Roof: No known issues
    Windows: No known issues
    HVAC: Update needed
    Kitchen: Update needed
    Bathroom: Update needed
    Floors: Update needed
    Foundation: No known issues but needs subfloor work
  • Photo Album
     
700 S Mohawk St, Rossville, GA 30741
  • 2 beds, 1 baths, 756 sqft
  • $92,000
  • Rent ready! This SFH is in great shape!
  • Located just across the state line in Georgia close to the East Lake and Piney Woods neighborhoods of Chattanooga.
  • Property details:
    • The property records list this property at 756 square feet, but it’s 868 if you include the laundry room that has been enclosed
    • The interior looks great (new paint, new ceiling fans, new carpet)
    • The wooden exterior looks good, but parts of it seem to be starting to rot
    • The roof was installed in 2010 and seems to be in good shape
    • No HVAC, just 2 window units
    • The hot water heater is at least 7 years old
    • A mix of pex & galvanized water supply lines
    • A mix of vinyl & metal windows
    • Crawlspace
    • Flat lot with a fenced in back yard
  • Photo Album

13735 Tonja Ln, Soddy Daisy, TN 37379

Rancher on a half acre near access to Chickamauga Lake. Nice sized lot with a private back yard and woods behind. Solid bones but in need of updating and maintenance. Depending on SOW this could be a rental or flip.
  • 3 beds, 1.5 baths, 1,032 sqft 
  • $134,000
  • Built in 1991
  • Vacant
  • Photo Album

Reach out to us to ask questions and submit an offer!

 

ON MLS DEALS FOR SALE

Here are this week’s hot investment opportunities.


Highlighted Listings:      

Interested in getting pre-approved for a mortgage?
Do you want to know the rate sheet of  these properties? 

Reach out to Zack now!

 

  • 2425 Meade Cir, Chattanooga, TN 37406
                                                                                                             
    • 3 beds 2 baths 1,405 SF 
      $199,900
    • Rent Ready
    • B- Class
    • Rent Estimate:$1500


       
  • 6628 Hilton Dr, Chattanooga, TN 37412
                                                                                                       
    • 2 beds 1 bath 1,116  SF 
      $179,900
    • Rent Ready
    • B Class
    • Rent Estimate:$1250


       
  • 1541 Myrt St, Rossville, GA 30741
     
    • 2 beds 1 baths 816  SF 
    • $110,000
    • Rent Ready
    • C Class
    • Rent Estimate: $1000


 
                                       
                                                                    
    
 Email us if you’re interested in learning more about any of these investment opportunities.

AUBURNDALE GROUP


Ready to build your wealth through real estate? Let’s Connect!

Visit our website at www.auburndalegroup.com
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