EDGE These are the biggest property sales in Hamilton County during 2017

EDGE These are the biggest property sales in Hamilton County during 2017

January 1st, 2018 by Dave Flessner in EDGE

A walking path and fountain are situated between buildings at The Haven at Commons Park, a luxury apartment complex located near the shopping mall district in East Brainerd.

Photo by John Rawlston /Times Free Press.

The sale of major apartment complexes were once again among the biggest real estate deals in Chattanooga during 2017.

1. The Haven at Commons Park, a 318-apartment facility near Hamilton Place mall, sold for $40.5 million to Inland Residential of Oak Brook, Illinois.

2. The Village at Apison, a 248-unit apartment complex at 545 Tradewind Circle, was sold last month for $31.9 million to Hudson Capital Apison LLC, a real estate partnership in East Rutherford, N.J.

3. The FedEx distribution center at 5076 Summit Spring Way near I-75 sold to JWM Chattanooga LLC for $31.9 million.

4. New Life Care Center at 1502 McDonald Road in East Ridge sold to East Ridge SNF Real Estate for $24 million.

5. Mountain Creek Apartments at 936 Mountain Creek Road sold for $20 million and converted to Radius Mountain Creek

6. Medical office building at 2501 Citico is sold by CHI Memorial hospital for $17.6 million.

7. The Wal-Mart Neighborhood Market shopping center at 4150 Ringgold Road sold to Mini-Ent East Ridge LLC for $12.7 million.

8. Grove at Hickory Valley sold for $11.3 million to Hickory Valley Multifamily Partners LLC.

9. Wal-Mart Neighborhood Market shopping center at 1775 North Moore Road in Brainerd sold to Mini-Ent Chattanooga LLC for $12.3 million

10. FedEx Freight Service Center at 4250 Shallowford Road sold to Setzer Properties Chattanooga LLC for $11.3 million.


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