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3730 Keri LN Cleveland, TN 37312
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Key Details
Sold Price $2,300,000
Property Type Single Family Home
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
Square Footage 22,320 sqft
Price per Sqft $103
MLS Listing ID 1510585
Sold Date 04/04/25
Year Built 1978
Lot Size 2.000 Acres
Acres 2.0
Property Sub-Type Mixed Use
Source Greater Chattanooga REALTORS®
Property Description
Introducing a prime investment opportunity in Northeast Cleveland, Tennessee: 24 two-bedroom condo apartments in a well-regarded residential area. This community benefits from its proximity to major employers like Whirlpool, Eaton Corp, Hardwick, and M&M Mars, contributing to Cleveland's ranking as the 5th Best Place in the U.S. for manufacturing careers. With new management at Grant Havens Condominiums, the property has been successfully stabilized, featuring numerous renovations and increased rental rates. This presents significant upside potential for investors, with the option to purchase the entire portfolio or select units.
Location
State TN
County Bradley
Area 2.0
Interior
Cooling Central Air
Fireplace No
Exterior
Parking Features Asphalt, Paved
Garage Description Asphalt, Paved
Garage No
Building
Faces Take Ocoee St. N to east onto Blythe Ferry Rd NE left onto Keri Lane NE on right
Sewer Public Sewer
Water Public
Schools
Elementary Schools Mayfield Elementary
Middle Schools Cleveland Middle
High Schools Cleveland High
Others
Senior Community No
Tax ID Tbd
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
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