6125 Kingsport HWY new Save Request In-Person Tour Request Virtual Tour
Johnson City,TN 37615
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 9973013
Style See Remarks
HOA Y/N No
Originating Board Tennessee/Virginia Regional MLS
Year Built 1996
Lot Size 1.250 Acres
Acres 1.25
Lot Dimensions 1.25
Property Description
26-Unit Meticulously maintained apartment Complex in the heart of Gray with a Johnson City address.
24 1 bedroom 1.5 bath units with drive under garages, and a 2 Bedroom Duplex with drive under garages. 4 units total on 4 parcels with high potential for rent increases.
Same owner since 2015. The owner has done a lot of capital improvements & prides himself in maintaining a very good product. These units are ready for a new investor to take over & start making money. Owner not providing T12 or P&L. Buyer/buyer's agent to verify acreage. Seller has a total of 4 apartment complexes for sale.
Location
State TN
County Washington
Area 1.25
Zoning PRD 1
Direction From I-26 take exit 20 to N Roan St and go seven miles. Property on left.
Interior
Heating Central
Cooling Central Air
Flooring Carpet
Appliance Electric Range,Refrigerator
Heat Source Central
Exterior
Garage Asphalt
Roof Type Composition,Shingle
Parking Type Asphalt
Building
Lot Description Rolling Slope
Water Public
Architectural Style See Remarks
Structure Type Brick,Wood Siding
New Construction No
Schools
Elementary Schools Boones Creek
Middle Schools Boones Creek
High Schools Daniel Boone
Others
Senior Community No
Tax ID 012c B 006.00