GoodHomes

Chattanooga

Property Overview

Location: 584 Pine Grove Access Road, Ringgold, GA

Units: 104

Acquired: April 2024

Completed: Acquired Complete

Casual Luxury steps from Chattanooga.

GoodHomes Chattanooga is a 104-unit apartment community located in Ringgold, GA, within the Chattanooga TN MSA. The property is a former hotel that the seller converted into multifamily workforce housing units under the supervision of the GoodHomes’ construction team. The property was delivered with a full certificate of occupancy in like-new condition after being fully gut-renovated, which allowed GoodHomes to begin leasing units immediately upon closing.

The community features studios, junior 1-beds, and large 1-bedroom units, and also offers furnished units. The main building features a tenant clubhouse & game room, business center & co-working lounge, pet washing station, laundry facilities, and fitness center. The property also has an outdoor pool, cabana, and community firepit. 

Highlights:

  • Located in Ringgold, GA, a major suburb to Chattanooga, TN, which is one of the fasted growing employer bases in the U.S., with companies like Volkswagen and Amazon building new facilities in the area. 

  • Conveniently positioned next to major highway I-75, half a mile from a new Amazon distribution center currently under development, and across the street from a brand new Costco center.

  • A new $100M+, 1.2M square foot logistics/distribution center (Cloud Springs I-75 Industrial Park) is being developed a mile away from the subject property, and is expected to create over 700 new jobs.

 
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