For Sale
$479,000

1516 Adams StChattanooga, TN 37408

Turnkey Vacation Rental, High Income

Overview

Added:
Dec 11, 2024
Days on market:
115
This fully furnished, three-story townhome in Chattanooga's desirable Southside offers a fantastic investment opportunity. The 930-square-foot property, built in 2017, boasts two bedrooms and is currently operating as a successful short-term vacation rental, generating an annual income of $28,500. All furnishings, linens, kitchenware, and existing licenses are included in the sale, along with the LLC and complete rental records. The property is zoned U-CX-3 and is offered for sale by the owner at $479,000 ($515.05 per square foot). This turnkey operation provides immediate income potential and benefits from Chattanooga's thriving tourism market. The sale includes all necessary documentation for continued operation, minimizing the hassle of setup and management. This is a rare opportunity to acquire a profitable, established short-term rental in a prime location. The property's attractive design and furnishings ensure a consistently high occupancy rate, making it an ideal investment for both seasoned and first-time investors. The Hamilton County location, with its address at 1516 Adams St, zip code 37408, offers easy access to local amenities and attractions. This is a truly exceptional opportunity to own a piece of Chattanooga's vibrant Southside.

Highlights

  • $479,000 asking price for this turnkey short-term vacation rental (STVR) property.
  • Fully furnished and equipped, including linens and kitchenware.
  • All licenses, LLC, and rental records included in the sale.
  • Located in Chattanooga, TN's desirable Southside neighborhood.
  • Generating $28,500 annual income.

Property Details for 1516 Adams St

Property type
Hospitality properties
Square Feet
930 SF
Year Built
2017
Buildings
1
Stories
3

Location Insight

City
Chattanooga
County
Hamilton
State
Tennessee
Latitude
35.0335367
Longitude
-85.3013167
1516 Adams St, Chattanooga, Tennessee

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1516 Adams St
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