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1315 Indian Ridge Road, Johnson City, TN 37604 - $3,500,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi Family Sub Type: Multi Family MLS Number: 9973011
Living Area: 0 Lot Acreage: 2 Year Built: 2004
Elementary School: Woodland Elementary Middle School: Liberty Bell High School: Science Hill
Property Description
30 Unit Meticulously maintained apartments in the heart of Johnson City. All brick 1 bedroom 1 bath 3-unit complex 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. Seller has a total of 4 apartment complexes for sale.
Listing Status
Active
  • More Listing Info
    AC:Central Airtrue
    Appliances:Electric Rangetrue
    Appliances:Refrigeratortrue
    Contract Info:ForeclosureNo
    Easements:See Remarks18true
    Exterior Finish:Brick4true
    Flooring:Carpettrue
    General Property Description:Acres2.1
    General Property Description:Elementary School3Woodland Elementary
    General Property Description:High School3Science Hill
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensions334 x 283
    General Property Description:Middle School2Liberty Bell
    General Property Description:Total Units30
    General Property Description:Zoning2R 5
    Heating:Centraltrue
    Location Tax Legal Info:City Taxes8444.3
    Location Tax Legal Info:County Taxes9169.32
    Location Tax Legal Info:Deed Book #R466
    Location Tax Legal Info:Deed Page #I1562
    Property Condition:Averagetrue
    Remarks Misc:Directions3From W Market St in Johnson City, turn onto Indian Ridge Rd at Krispy Kreme. Property on left.
    Remarks Misc:Public Remarks230 Unit Meticulously maintained apartments in the heart of Johnson City. All brick 1 bedroom 1 bath 3-unit complex 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. Seller has a total of 4 apartment complexes for sale.
    Roof:Compositiontrue
    Roof:Shingletrue
    Sewer:Public Sewertrue
    Structure Type:Multi Familytrue
    Style:See Remarks40true
    TopographyLot Description:Rolling Slopetrue
    Unit 1:# Bathrooms510.0
    Unit 1:# Bedrooms310
    Unit 1:# Units10
    Unit 2:# Bathrooms410.0
    Unit 2:# Bedrooms410
    Unit 2:# Units210
    Unit 3:# Bathrooms310.0
    Unit 3:# Bedrooms510
    Unit 3:# Units310
    Unit 4:# Bathrooms20.0
    Unit 4:# Units40
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
The Brokers Realty & Auction
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