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For Sale

The Lodge

405 Chickamauga Drive, Dayton, TN 37321

Situated in the heart of Dayton, TN, the surrounding area of the property offers a delightful mix of natural beauty and modern amenities. Just a short distance from the scenic Chickamauga Lake, residents can enjoy an array of waterside activities, including fishing and boating. The historic downtown district is close by, providing a charming selection of local shops, eateries, and cultural attractions. The property has been converted to accommodate both short- and long-term rentals. The property's close proximity to major highways and transportation centers makes it an ideal location for residential living. With its blend of scenic vistas and urban conveniences, this area presents a compelling opportunity for multifamily property investment.Presenting an exceptional investment opportunity in workforce housing/multifamily in Dayton, TN. This 22,528 SF property, originally built in 2021 as a hotel and converted to workforce/multifamily living in 2025, offers 31 units and is zoned for commercial-hospitality use. With its spacious layout and modern design, this property is well-suited for meeting the demand for affordable workforce housing in the Dayton area. The sale includes 1.4 acres and all construction plans for Phase II of the development. It would allow an investor to add 26 units if the units were constructed according to plan. If desired, plans can be modified to include more units and/or garages.

Key features

  • 22,528 SF newly built property
  • 31 modern, spacious and fully-furnished units
  • Contemporary design and layout
  • Designed to meet the demand for quality residential accommodations
  • Prime investment opportunity in the thriving Dayton area
  • Successfully converted to workforce/multifamily housing with high occupancy
  • Versatile property for multifamily real estate investors
  • Zoned for Commercial - Hospitality use that allows for multifamily
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

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Contacts

broker
Heidi Adams

NAI Koella | RM Moore

Building Details

  • For Sale $3,980,000
  • Property Type Multi-Family
  • Property Size 22,528 SF
  • Units 31
  • Lot Size 2.17 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2021
  • Year Renovated 2025
  • Date Updated May 19, 2026

Attachments

  • Property Brochure 1 ()opens in new window

Getting Around

  • Walk Score ®

    Car-Dependent (44)
  • Bike Score ®

    Somewhat Bikeable (45)
Powered by Walk Score ®

Location

  • City Dayton, TN
  • Zip Code 37321
  • Market Chattanooga
  • Map
  • Street

Points of Interest

Pro Muffler & Brakes (Gas Station)

0.46 miles

Jiffy

1.07 miles

Exxon

2.66 miles

Murphy USA

3.19 miles

Rocky Top Mart

6.00 miles

76

7.58 miles

Citgo

9.14 miles

Shell

9.97 miles

Courthouse Parking

0.37 miles

Church of Christ Parking

0.48 miles

Laurel-Snow Trailhead

2.48 miles

Overlook Parking

5.75 miles

Hiwassee Wildlife Refuge

6.47 miles

Dayton Coffee Shop

0.28 miles

Screen Door Cafe

0.91 miles

Krystal

1.07 miles

Pizza Hut

1.18 miles

Hardee's

1.25 miles

MoMo's Bar BQ

1.27 miles

Zaxby's

1.49 miles

Taco Bell

1.50 miles

Vietnamese Bistro

1.54 miles

United Grocery Outlet

2.20 miles

Walmart Supercenter

3.02 miles

Dayton Police Department

0.45 miles

Dayton Fire Department

0.47 miles

Walgreens

1.78 miles

Rhea Medical Center

2.92 miles

Sale Creek Family Practice

9.62 miles

405 Chickamauga Drive Listing Summary

  • What is the asking price at The Lodge?

    The Lodge is currently listed for sale at Contact for pricing.

  • What is the total size of The Lodge?

    The Lodge has a total of 22,528 square feet.

  • What is the year built for The Lodge?

    The year built for The Lodge is 2021.

Contact Listing Broker
broker
Heidi Adams

NAI Koella | RM Moore

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