Pinnacle at Battlefield

Situated in the heart of Rossville, Hillcrest Apartments boasts a prime location with a wealth of nearby attractions. Investors will appreciate the close proximity to stunning natural landmarks such as Chickamauga and Chattanooga National Military Park, perfect for attracting outdoor enthusiasts. The property is also conveniently located near local dining, shopping, and entertainment options, ensuring a high quality of life for residents. With easy access to major transportation routes and a burgeoning rental market in the area, this presents an enticing opportunity for multifamily/low-rise/garden investors looking to capitalize on the appeal of Rossville and its surrounding attractions.Pinnacle at Battlefield, a 42-unit property built in 1970 and located in Rossville, GA, presents a strong value-add investment opportunity, particularly due to its proximity to the growing Chattanooga, TN market. Because this property can be acquired well below the sales comparable set, the asset offers both short-term cash flow potential and long-term capital appreciation, making it attractive to experienced multifamily investors looking for a light value add in a growing market. This asset presents investors with a great opportunity to acquire a multifamily asset with more than enough room to push rents. Market rents for properties of this type in the area are considerably higher than the current asking rents for the subject property. Current renovations have improved the property's value but have had a short-term impact on occupancy, there is substantial potential for revenue growth if management increases occupancy to over 90% and adjusts rents to align with market rates. This opportunity is further explored in the following slides, which includes a side-by-side comparison with The Crossing, a nearby comparable property.