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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
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.