The Lodge
Workforce Housing | 31 Units | 1.4 Acre Phase II Pad Included | Waterfront
Marketing description
Presenting an exceptional opportunity for workforce housing investment in Dayton, TN. This 22,528 SF property, originally built in 2021 as a hotel, offers 31 units and is zoned for commercial hospitality use. The property has been converted to workforce housing and has enjoyed high occupancy since its transition from hotel use. With its spacious layout and modern design, this property is well-suited for meeting the demand for affordable workforce housing in the Dayton area. Located minutes from Nokian Tire headquarters, this property is in a high-demand area.
The sale includes the adjacent 1.4-acre parcel and all construction plans for Phase II of the development. It would allow an investor to add 26 units if constructed according to plan. If desired, plans can be modified to include more units and/or garages
Investment highlights
22,528 SF newly built property
31 modern units
Zoned for Commercial - Hospitality use
High occupancy since conversion to workforce housing
Adjacent parcel zoned and entitled for additional units
Dayton has a high demand for quality workforce accommodations
Versatile property for multifamily real estate investors
Garages allow for secure storage of vehicles, tools, etc.
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