1401 Wildwood Lake Road SE, Cleveland TN 37311

$447,400

1401 Wildwood Lake Road SE, Cleveland, TN 37311

bedrooms

bathrooms

square feet

2,675

Acreage

0.34

Open Houses

year built

1980

Full Baths

Half Baths

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Attention Investors! High Cash Flow 4-Unit Building with Over 9% Cap Rate This large, well-maintained brick 4-unit apartment building is a prime investment opportunity, offering a cap rate of over 9% and steady, reliable cash flow. With a solid rental history and high tenant demand, this property is an ideal addition to your investment portfolio. Each of the four 2-bedroom, 1-bathroom units is rented on a weekly basis, increasing revenue potential and ensuring consistent cash flow. The building has a proven track record of stable occupancy, making it a secure income-generating asset. All units are equipped with central heat and air, providing tenants with comfort throughout the year. Additionally, the property features paved off-street parking, offering added convenience. Located just minutes from Lee University and downtown Cleveland, this property is perfectly situated to attract and retain tenants, ensuring ongoing demand. With its high cap rate, solid rental history, and desirable location, this property offers a fantastic opportunity for investors seeking reliable income and long-term growth. Call for revenue and occupancy information!

Location
Subdivision	-
County	Bradley
Elementary School	Blythe-Bower Elementary
Middle School	Cleveland Middle
High School	Cleveland High

Driving directions

Open houses

None scheduled.

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MLS number: 1505510

Listing agent: Jim T Lea

Listing broker: Keller Williams Realty (423) 664-1600

Copyright © 2025 Greater Chattanooga Association of REALTORS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Wednesday, March 5 2025 at 3:16 a.m. EST

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