The Lodge

405 Chickamauga Drive, Dayton, TN 37321

  • For Sale $3,200,000
  • Property Type Multi-Family
  • Property Size 22,528 SF
  • Units 26
  • Lot Size 2.17 Acre
  • Additional Rent Contact for pricing
  • Year Built 2021
  • Date Updated Dec 2, 2024
Situated in the heart of Dayton, TN, the surrounding area of the property offers a delightful mix of natural beauty and modern amenities. Just a short distance from the scenic Chickamauga Lake, residents can enjoy an array of waterside activities, including fishing and boating. The historic downtown district is close by, providing a charming selection of local shops, eateries, and cultural attractions. For multifamily property operators, the property's close proximity to major highways and transportation centers makes it an ideal location for residential living. With its blend of scenic vistas and urban conveniences, this area presents a compelling opportunity for multifamily property investment.Presenting an exceptional opportunity for workforce housing/multifamily investment in Dayton, TN. This 22,528 SF property, originally built in 2021 as a hotel, offers 26 units and is zoned for commercial-hospitality use. Positioned for conversion to multifamily or workforce housing, this property presents an ideal prospect for investors seeking to repurpose hotel space. With its spacious layout and modern design, this property is well-suited for meeting the demand for affordable workforce housing in the Dayton area. Investors looking to make a meaningful impact in the community through the conversion of hotel space into workforce housing will find this property to be a compelling and promising opportunity. The sale includes the adjacent 1.4-acre parcel and all construction plans for Phase II of the development. It would allow an investor to add 26 units if constructed according to plan. If desired, plans can be modified to include more units and/or garages.
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Attachments

Highlights

  • - 22,528 SF newly built property
  • - 26 modern, spacious units
  • - Zoned for Commercial - Hospitality use (seller is currently rezoning for MF)
  • - Potential for conversion to multifamily housing
  • - Ideal for low-rise/garden-style residential development
  • - Prime investment opportunity in the thriving Dayton area
  • - Contemporary design and layout
  • - Well-suited for workforce housing conversion
  • - Designed to meet the demand for quality residential accommodations
  • - Versatile property for multifamily real estate investors

Contacts

broker

NAI Koella | RM Moore

Location

Getting Around

  • Walk Score ®

    44/100 Car-Dependent
  • Bike Score ®

    45/100 Somewhat Bikeable
Powered by Walk Score ®
  • City Dayton, TN
  • Zip Code 37321
  • Market Chattanooga

Points of Interest

  • BP

    0.12 miles

  • Pro Muffler & Brakes (Gas Station)

    0.46 miles

  • Jiffy

    1.07 miles

  • Exxon

    2.66 miles

  • Murphy USA

    3.19 miles

  • Rocky Top Mart

    6.00 miles

  • 76

    7.58 miles

  • Citgo

    9.14 miles

  • Shell

    9.97 miles

  • Coulter-Garrison Funeral Home Parking

    0.34 miles

  • Courthouse Parking

    0.37 miles

  • Church of Christ Parking

    0.48 miles

  • Laurel-Snow Trailhead

    2.48 miles

  • Overlook Parking

    5.75 miles

  • Hiwassee Wildlife Refuge

    6.47 miles

  • Sleep Inn & Suites

    1.77 miles

  • Scottish Inns & Suites

    2.26 miles

  • Econo Lodge

    2.44 miles

  • Holiday Inn Express

    3.58 miles

  • Jacob Myers Restaurant on the River

    0.12 miles

  • Dayton Coffee Shop

    0.28 miles

  • Screen Door Cafe

    0.91 miles

  • Krystal

    1.07 miles

  • Pizza Hut

    1.18 miles

  • Hardee's

    1.25 miles

  • MoMo's Bar BQ

    1.27 miles

  • Zaxby's

    1.49 miles

  • Taco Bell

    1.50 miles

  • Vietnamese Bistro

    1.54 miles

  • Chattanooga State Technical College (Dayton Campus)

    0.20 miles

  • Bryan College

    0.60 miles

  • Dayton City Elementary School

    0.62 miles

  • Spivey School

    1.65 miles

  • Frazier School

    3.51 miles

  • Waldens Ridge Elementary School

    4.56 miles

  • Graysville Elementary School

    4.94 miles

  • Laurelbrook Academy

    6.10 miles

  • Washington School

    6.84 miles

  • Rhea County High School

    7.59 miles

Frequently Asked Questions

How much does The Lodge cost?

The space currently listed for sale at The Lodge asks for $3,200,000.

What is the total square footage of The Lodge?

The Lodge totals 22,528 square feet.

When was this property built?

The Lodge was built in 2021.

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Contact Listing Broker
broker

NAI Koella | RM Moore