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$3,980,000

405 Chickamauga Drive, Dayton, TN 37321
Dayton, TN 37321
Listed by Heidi Adams · NAI Koella l RM Moore
Bedrooms
N/A
Bathrooms
N/A
Living area
N/A
Year built
2021

About this home

Presenting an exceptional opportunity for workforce housing investment in Dayton, TN. This 22,528 SF property, originally built in 2021 as a hotel has been converted to workforce housing and has maintained high occupancy since conversion. With its efficient layout and design, this property is well-suited for meeting the demand for affordable workforce housing in the Dayton area. The garages offer an additional sense of security and storage for the residents. The sale price includes all construction plans for Phase II of the development. If constructed according to plan, it would allow an investor to add 26 units. If desired, plans can be modified to include more units and/or garages.

Property details

MLS #
1334630
Property type
Residential Income
Subdivision
N/A
Status
Active
Days on market
146
On market date
March 30, 2026
Stories
N/A
Garage spaces
N/A
Lot size
N/A
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Nearby schools

Within 10 miles · public school directory data (NCES)

Elementary
Dayton City Elementary
0.67 mi away · Grades -1-8
Nearest school -- attendance-zone data not available here
4.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
820
Student:teacher ratio
13.9:1
District
Dayton
Middle
Rhea Middle School
7.51 mi away · Grades 6-8
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
580
Student:teacher ratio
16.1:1
District
Rhea County Department of Education
High
Rhea County High School
7.51 mi away · Grades 9-12
Nearest school -- attendance-zone data not available here
3.0
Local Score (student-teacher ratio only (preliminary -- will incorporate state test-score data once available)) -- not an official state rating
Enrollment
1,535
Student:teacher ratio
17.8:1
District
Rhea County Department of Education

Mortgage calculator

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Est. monthly payment
$24,118/mo
$796,000 down
$3,184,000 loan
Principal & interest$20,651
Property tax (est.)$3,317
Home insurance (est.)$150

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Data source: Listing information provided by East Tennessee REALTORS® MLS via Trestle/CoreLogic. Last updated March 30, 2026.

Information herein deemed reliable but not guaranteed; all measurements, school assignments, HOA fees, taxes, and feature lists are approximate and should be independently verified. Equal Housing Opportunity.