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Asbury Oak

📍 Chattanooga, Tennessee
$258,000–​$317,000
Purchase Price
$2,000–​$2,495
Rental Income
6.1%–6.7%
Cap Rate
$169–​$372
Cash Flow / mo
2–​4
Bedrooms
2–​3.5
Bathrooms
1,127–​1,796
Square Feet
2026
Year Built
B+
Neighborhood
26%
Est. Expenses

Pricing and availability verified · figures are subject to builder change — confirm before relying on them.

Asbury Oak is a new townhome community offering desirable mountainside living just minutes from Downtown Chattanooga and the Tennessee River.

Located in a high-demand corridor, the community benefits from proximity to major employment centers, entertainment districts, and outdoor recreation — all key drivers of rental demand and long-term appreciation.

Why It Rents Well
  • 2 to 4 bedrooms and 2 to 3.5 bathrooms across three plans — the community reaches several tenant profiles rather than one
  • 1,127 to 1,796 square feet with a 1 or 2-car garage depending on plan
  • Three-level layouts with a lower-level bedroom suite — well suited to roommates, guests and working from home
  • New construction (2026) — modern finishes and lower expected near-term maintenance
  • Minutes from downtown Chattanooga and the Tennessee River, putting employment, entertainment and recreation within easy reach
Location Advantages
  • Minutes to Downtown Chattanooga
  • Convenient access to the Tennessee River and riverfront amenities
  • Close to major outdoor attractions including Lookout Mountain, Ruby Falls, and Warner Park
  • Nearby golf courses, including Chattanooga Golf & Country Club
  • Zoned for Lookout Valley Public Schools
Why This Location Performs Well for Investors
  • Strong appeal to working professionals and families
  • Lifestyle-driven location supporting rent sustainability
  • Proximity to recreation and downtown enhances tenant retention
  • Limited mountainside product compared to broader metro inventory

The combination of outdoor access, downtown proximity, and established school zoning makes Asbury Oak a compelling option for long-term rental demand in the Chattanooga market.

Investment Summary

Asbury Oak is a new townhome community in Chattanooga, Tennessee, in a B+ rated area minutes from downtown. Homes run $258,000 to $317,000 against estimated rents of $2,000 to $2,495 per month.

At 26% estimated operating expenses the plans project a 6.1% to 6.7% cap rate and $169 to $372 per month in projected cash flow. The spread comes from plan size — the larger plans carry the stronger rent, the smaller ones the lower entry price.

Floor Plans & Numbers

Asbury Floor Plan

This three-level townhome offers a flexible layout designed to support strong tenant demand and long-term rent stability.

  • Lower Level: Private bedroom suite ideal for roommates, guests, or work-from-home needs.
  • Main Level: Open-concept living with oversized kitchen island, defined dining area, and deck access — enhancing lifestyle appeal and lease-up.
  • Upper Level: Owner’s suite with en-suite bath plus an additional bedroom, creating a balanced and functional layout.

A versatile design that appeals to families, professionals, and shared-living tenants alike.

Bluffview Floor Plan

This three-story townhome is designed for today’s renters, including work-from-home flexibility.

  • First Floor: Dedicated office space adds strong tenant appeal.
  • Main Level: Open-concept living area with kitchen, dining space, and deck access for added livability.
  • Upper Level: Two private bedroom suites, each with attached bath and spacious closets.

Coolage Floor Plan

This three-story townhome offers a versatile layout designed to attract a broad renter base.

  • First Level: Private bedroom with en-suite bath — ideal for roommates or multi-generational living.
  • Second Level: Open-concept living area with deck access, enhancing lifestyle appeal and lease-up potential.
  • Third Level: Two secondary bedrooms plus a spacious owner’s suite with private bath and walk-in closet.

Community & Home Photos

Site Plans & Exhibits

6.1%–6.7%projected cap rate
Get the proforma