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Summit View

📍 Cleveland, Tennessee
$260,000
Purchase Price
$2,050 / month
Rental Income
6.6%
Cap Rate
$281 / month
Cash Flow / mo
3
Bedrooms
2.5
Bathrooms
1,386
Square Feet
2026
Year Built
B+
Neighborhood
27%
Est. Expenses

This newly constructed townhome features a seamless first-floor layout connecting the main living areas. The home includes a peninsula-style kitchen designed for everyday cooking, an intimate dining space, and a welcoming family room with direct patio access.

Upstairs you'll find two secondary bedrooms along with a private owner's suite featuring an attached bathroom. The home also includes a two-car garage, offering additional storage and convenience.

New construction townhomes in Cleveland, TN offering strong rental demand and projected 6%+ cap rate potential in a growing Chattanooga commuter market.

Summit View is a collection of new two-story townhomes located in a growing area of Cleveland, Tennessee. Residents enjoy community amenities including an onsite swimming pool and pool house.

The neighborhood offers convenient access to major retailers including The Village Green Town Center, making everyday shopping and errands easy.

Downtown Cleveland, located just five miles away, offers historic charm along with local dining, shopping, and community events. The area is also known for its strong access to outdoor recreation, including parks, trails, and nearby mountain landscapes.


Location Advantages

  • Convenient access to retail and daily services
  • Close proximity to Downtown Cleveland
  • Strong outdoor recreation lifestyle appeal
  • Easy access to regional highways and employment centers

Major Employment Drivers

  • Whirlpool Corporation
  • Wacker Chemical
  • Cleveland State Community College
  • Bradley Healthcare System
  • Manufacturing and logistics employers throughout Bradley County

Why This Location Performs Well for Investors

Cleveland continues to see steady population growth as affordability pushes renters beyond Chattanooga. The area offers strong demand for newer housing with limited rental inventory in the townhome segment, supporting consistent rental demand.


Investment Highlights

  • New construction townhomes
  • Low maintenance investment property
  • Strong rental demand in the Cleveland market
  • Projected 6%+ cap rate potential
  • Located in a growing Chattanooga commuter market

Site Plans & Exhibits

Summit View plat mapSummit View plat map