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33560675
33560674

100 Creeks Bend Drive, Ringgold, GA 30736

$1,100,000
8 days on market
Updated 8 days ago

Creeks Bend Apartments

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 9,060
Units 10
Cap Rate 6.38%
NOI $70,200
Tenancy Single
Year Built 1983
Year Renovated 2024
Zoning R-2

Multifamily | 6.38% CAP | 10 Units

Marketing description

Introducing 100 Creeks Bend Drive, a prime investment opportunity in Ringgold, GA. This 9,060 SF, 10-unit multifamily property exudes timeless charm, built in 1983 and recently renovated in 2024 to meet modern standards. The R-2 zoning offers flexibility for potential expansion and development. With its strategic location in the vibrant Chattanooga, TN area, this property presents lucrative potential for savvy investors seeking a low-rise/garden multifamily opportunity. Don't miss the chance to own a piece of this thriving market with endless potential for growth and return on investment.

Discover the charm of Ringgold, GA, surrounding Creeks Bend Apartments. Nestled in the heart of the city, residents enjoy a quaint, historic downtown, vibrant local culture, and easy access to the natural beauty of the area. With proximity to major interstates and Chattanooga just a stone's throw away, the location provides the perfect balance of small-town ambiance and urban convenience. Residents can explore the scenic natural parks, hike the trails of the Chickamauga and Chattanooga National Military Park, and savor the local dining scene—making this area a draw for those seeking a multifamily investment opportunity in a thriving, well-connected community.


Investment highlights

  • 9,060 SF building
  • 10 units
  • Built in 1983
  • Renovated in 2024
  • Zoned R-2
  • Located in Chattanooga, TN area

Listing Contacts

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$70,200.00
$5,850.00/mo

Valuation Metrics

0
DSCR
6.38%
Cap Rate
6.38%
ROI

Map

Zoning

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R2 ResidentialSingle FamilySingle Family Residential
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Last updated Feb 3, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Additional Information

Name
Ben Van Gaasbeek
License
437426
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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