Rise at Signal Mountain

Asset Type


1185 Mountain Creek Rd Chattanooga, TN United States 37405-1637
Asking Price

Contact for pricing

Sq Footage


Year Built


Cap Rate


Additional Attributes

Property Description

Community Features

One Resort-Style Swimming Pool

Business Center

State-of-the-Art Fitness Center

Convenient Car Wash and Vacuum


Resident Picnic Area with Fire Pit and


Fully Equipped Laundry Facilities

Unit Interior Features


Pass-Through Bars in Kitchens

Walk-In Closets

Large Private Balconies with Storage


Vaulted Ceilings*

Ceiling Fans

Fully-Equipped Gourmet Kitchens

Tile and Caste Iron Surrounds in


* In Select Units

Investment Highlights

  • Outstanding Value-Add Opportunity
    • Next owner has the chance to renovate the entire property, achieving an average of $165/month premiums
    • Value-Add to generate $480,000 additional revenue
    • Become luxury value-provider for submarket​​​​​​​​​​​​​​
  • Robust North River Submarket Fundamentals
    • Projected Rent Growth: 21% over the next 5-years
    • Historical rent Growth: 14.4% since 2016, with 3.6% YoY growth
  • North River: Attracting Millennials Seeking a Balanced Lifestyle
    • Millennials are seeking out the suburbs, as shown by dynamic population growth of 21% over the last 10 years
    • Beautifully situated on the Tennessee River and the foothills of the Appalachian Mountains, Chattanooga's most eclectic neighborhood offers the best in local dining, shopping and living
    • North River has plenty to offer, with a brand new Whole Foods, trendy coffee shops like Revelator Coffee Company, and SoHo boutique shops Willa Collection and Embellish
  • Minutes to Upscale Retail, CBD Jobs, Outdoor Entertainment
    • Within 10 minutes of Chattanooga's top 3 employers: BlueCross BlueShield, Erlanger Health Systems, and Tennessee Valley Authority
    • Main thoroughfares Dayton Boulevard and U.S. 27 provide quick access to a plethora of outdoor adventure, trendy restaurants, live events, art and world-class attractions
  • Gig City: A Flourishing Technological Ecosystem
    • The city's gigabit-per-second fiber network, "The Gig", boasts one of the Nation's fastest internet services
    • $2 Billion generated in startup exits over the last 5 years

Listing Contacts
Sarah Steere
Manager, Market Operations
+65 3159 4021
Peter Chacon
Vice President
+65 3159 4021
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