* Project: River Gorge Condos.
* Location: 21808 River Canyon Road, along the Tennessee River in eastern Marion County.
* Number of units: Eight loft-style condominiums.
* Unit size: 960 square feet with one bedroom, one and a half baths.
* Amenities: Each unit has a deck with views of the Tennessee River Gorge and access to a community boat dock for residents for an additional cost. Units include granite countertops, custom cabinetry and hardwood floors.
* Sale price: $225,000 per unit, plus monthly homeowners association dues for common facilities.
* Developer: Gary Gaylor.
* Sales: Grace Frank Group, Real Estate Partners Chattanooga.
* Financing: Southern Community Bank.
* Schedule: Gaylor, a commercial property manager and custom home builder, acquired the riverfront property nine years ago but waited until last year with the improved economy to begin building. The development was completed two weeks ago.
* Appeal: “This offers the most affordable riverfront homes in the area, only a 15-minute drive from downtown Chattanooga,” Gaylor said. “I lived in the area 20 years ago and have always been impressed with the beautiful, scenic view of the river and surrounding mountains so close to downtown.”
– Compiled by Business Editor Dave Flessner, who may be reached at dflessner@timesfreepress.com or at 423-757-6340.