Brand New - Parkside Terraces Townhome Community for Sale
Townhome Community | Multifamily | 19 Units
Marketing description
For a limited amount of time, we are offering opportunity to bulk purchase and entire brand new townhome community of 19 individual homes. Long term rent? Mid/Short term furnished rentals? Resale appreciation? The investment choice is yours.
These 19 new townhomes will appeal to a broad range of people, including college students, young professionals, and travelers looking for a temporary home (note, this community is not eligible for STVR/Overnight rental permits but could be utilized as a mid-term furnished rental).
Modern design. High quality finishes. Download the flier for more detailed information.
Estimated completion in 2026. Closing to occur with Certificates of Occupancy.
—
We are pleased to present this offering of the Parkside Terraces, a townhome community. This deal is located off Broad Street in Chattanooga, TN.
The Parkside Terraces offer a mix of one and two bedroom townhomes, attractive for young professionals, empty nesters, or investors. These homes will have modern interiors and exteriors.
Also, each unit is individually deeded through the TN Horizontal Property Regime code, allowing the next operator to enjoy the cash flow from the asset, but also have the flexibility to sell each unit one-off to a buyer.
—
Email thomas@connollydevelopment for more information.
Investment highlights
PARKSIDE TERRACES
Year Built: 2025 -
Brand new construction Unit Mix: 9 (2 Bd/2.5 Ba), 10 (1 Bd/1 Ba)
Acreage: 0.90 acres
Average Unit Size +/ 940 sf
Hot neighborhood in growing market
Prime location close to highly sought after South Broad area
AMENITIES Common area courtyard and green space Sidewalks On-site parking for residents and guests only Quartz Countertops Walk-in Closets Stainless Steel Range, Refrigerator, dishwasher Luxury Vinyl Flooring BENEFITS Income-tax Free State Addresses housing affordability in the for-sale market.
With many Americans unable to afford starter homes in today’s debt environment, townhome rental communities provide an affordable housing alternative.
Additionally, due to their smaller square footage, these townhomes often come with a lower all-in price, making them a more approachable option for individuals and families seeking cost-effective housing solutions.
—-
Email thomas@connollydevelopment or text/call 423-313-7424 for more information.
Listing Contacts
Valuation Calculator
Valuation Metrics
Map
Broker Selected Comps View More Comps
Property History
Similar Properties
Is there information that looks off?
