405 Chickamauga Drive Dayton, TN $ 3,980,000
405 Chickamauga Drive
$ 3,980,000
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405 Chickamauga Drive

Dayton, TN, 37321
$ 3,980,000
Bedrooms-- Baths0.0 Sq 22,528

Monthly Estimate*

$ 27,489

405 Chickamauga Drive, Dayton, TN 37321 - Image 1
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Multi-Family Home for sale in Dayton, TN

for $3,980,000. This 22,528 square foot home was built in 2021.

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.

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Multi-Family Pending

Price

$ 3,980,000

Property Type

Multi-Family

Taxes

$ 26,883

Style

Year Built

2021

Town/City

Dayton

County/Region

Rhea

MLS | Web ID

1334630

Features
General
Heating Other
Cooling Other
Appliances Other
Construction Materials Other
Year Built 2021
Gross Income 463429
County Rhea County - 42
Net Operating Income 290839
Operating Expense 172589
Property Type Multi-Family
Attached Garage false
Status Pending
Directions Chickamauga Dr
High School Rhea County
City Dayton
Number Of Units Total 31
MLS Area Rhea County - 42
MLS Area Minor Rhea County - 42
Standard Status Pending
New Financing Cash true
New Financing Coventional true
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Interior
Flooring Other
Air Conditioning Y/N true
Heating Y/N true
Total Baths 0
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Exterior
Parking Features Other
Building Area Total 22528
Lot Dimensions IRR
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* Excluded Features
List By
Heidi Adams

Listing Agent

Nai Koella L Rm Moore

Broker

Affordability Calculator

$29,729
Per Month
92%
8%
0%
Monthly Principal & Interest
$27,489
Monthly Property Taxes
$2,240
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4508136 Elementary School
4596729 Middle School
Rhea County High School High School
Pricing History
DatePricePrice ChangeDescription
3/30/2026$3,980,000 Listed Price

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405 Chickamauga Drive, Dayton, TN, 37321 is a Multi-Family Home for sale at $3,980,000 with 22,528 sqft. 405 Chickamauga Drive has 0.0 baths and was built in 2021. The property's zip code is 37321 which is in Dayton, TN