Capstone Apartment Partners is proud to present The Clemons Lofts: a fully renovated and repurposed historic mid-rise multi-family building in the heart of downtown Chattanooga, Tennessee. Originally built in 1918 as an office headquarters for a well-known furniture business, the 6-story iconic Clemons building was carefully restored recently into what is now perhaps the most unique and thriving mixed-use development downtown.
Investment Highlights
‘Live, Work, Play’ Location Offers Unmatched Quality of Life and Walkability
Built-in Upside with Below Market Rents and Operational Value-Add
Opportunity to Lease Street-Level Retail for $70,000 in YR1 Upside
Adjacent $88M Westin Hotel Mixed-Use Development & Much More
Adaptive Reuse with Distinctive Units and Superior Amenity Offerings
The Most Explosively Growing Location in the Chattanooga MSA
