The Chattanooga multifamily sale marks a new milestone for the Austin-based investment firm.
(PRUnderground) December 6th, 2024
GVA Real Estate Group, led by Founder and Principal, Alan Stalcup, has announced the successful sale of Midtown Ridge, a 193-unit multifamily community located in Chattanooga. This strategic transaction is indicative of GVA Real Estate Group’s commitment to enhancing community-focused living spaces while delivering value to investors.
Originally constructed in 1986, Midtown Ridge comprises seven, three-story buildings offering one, two, and three-bedroom units equipped with modern amenities such as in-unit washers and dryers, granite countertops, and cozy fireplaces. Residents also enjoy private outdoor spaces, with units featuring fenced backyards, balconies, or patios. The community boasts premium facilities, including a swimming pool, dog park, fitness center, media lounge, and grilling stations.
Ideally situated at 312 McBrien Road, Midtown Ridge is just four miles from Downtown Chattanooga, with convenient access to Highway 24 and a wealth of retail and dining options at the nearby South Terrace Plaza.
“This sale is a testament to our team’s dedication to creating vibrant communities that enhance residents’ lifestyles and provide attractive opportunities for investors,” said Alan Stalcup. “Midtown Ridge is a prime example of how thoughtful investment strategies can deliver exceptional value.”
The successful Midtown Ridge transaction embodies GVA Real Estate Group’s strength in identifying and maximizing property potential, led by the visionary leadership of Alan Stalcup. With a steadfast commitment to creating value for investors and fostering community-focused developments, GVA Real Estate Group continues to set new benchmarks in the real estate industry.
Alan Stalcup, a visionary leader in the real estate sector, hails from Austin, Texas. Since founding GVA Real Estate Investments in 2015, Mr. Stalcup has been instrumental in transforming properties into vibrant, community-focused environments. His strategic leadership and commitment to a people-focused investment approach have garnered respect from both investors seeking tax-efficient passive income and professionals aspiring to elevate their real estate careers. An alumnus of Washington University in St. Louis, Mr. Stalcup holds a B.S. in Mechanical Engineering and continues to drive innovation and growth within the real estate industry.
For more news and information about Alan Stalcup, please visit https://www.alanstalcup.com/.
For more information on GVA Real Estate Group, please visit their website.
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Original Press Release.
