35 Dessert Ln, Ringgold, GA 30736

Waters Rentals presents a rare opportunity to acquire a partially stabilized 21-unit build-to-rent community combining immediate cash flow with built-in expansion upside in the growing Ringgold, Georgia market near Chattanooga.

The property currently consists of 11 newly constructed one-level units, 10 of which are leased, generating consistent rental income with rents ranging from $1,300 to $1,600 per month. These units feature 2-bedroom, 2-bath layouts averaging approximately 968 square feet and are designed for low maintenance and long-term tenant appeal.

The remaining 10 units are incorporated into a fully engineered site plan, allowing for a streamlined continuation of development. Planned units include a mix of 1-bedroom and 2-bedroom layouts, providing flexibility to meet market demand and support strong occupancy levels.

The site has been thoughtfully designed with internal access roads, parking, and stormwater management already integrated, significantly reducing development complexity and timeline for completion.

Waters Rentals offers investors the rare opportunity to acquire a partially completed rental community where the most time-intensive and high-risk stages of development have already been addressed. By completing the remaining units, a new owner can substantially increase income and overall asset value without the need for additional land acquisition or entitlement processes.

Located in a growing Northwest Georgia submarket with strong commuter access to Chattanooga, the property benefits from sustained rental demand and long-term growth potential.

All information is deemed reliable but not guaranteed. Buyer and buyer’s agent to independently verify all information including but not limited to financials, square footage, zoning, permitting, and development potential.