Half Of Army Reserve Center That Trucking Firm Got From City, County For $157,348 Sold To School For $1 Million

Thursday, September 14, 2017

A trucking equipment firm has sold the front portion of the old Army Reserve Center on E. 23rd Street to the Chattanooga Charter School of Excellence.

Stringfellows will continue to operate in the rear part of the building.

Rocky Top Enterprises of Nashville, parent firm of Stringfellows, bought the Army Reserve Center and 4.

2 acres from the city and county in 2014. Its high bid was $157,348.

The sale of the front office portion to the charter school was for $1 million.

County Commissioner Joe Graham said at the time the $157,348 was below the appraised value, but he said the property would be going back on the tax rolls and the firm hoped to have 25 employees within five years.

The school serves students in grades K-8.

Grades 4-8 in the Upper School are in the former Oak Grove Elementary School on Willow Street.

The Lower School for K-3 meets currently at the Eastgate Town Center.

It was established in 2011.

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