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6125 Kingsport Highway, Johnson City, TN 37615 - $3,400,000

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Blue Ridge Properties Listing

6125 Kingsport Highway, Johnson City, TN 37615 (MLS #9973013)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9973013

Lot Acreage: 1.25000

Living Area: 0

Year Built:1996

Elementary School: Boones Creek

Middle School: Boones Creek

High School: Daniel Boone

Public Remarks: 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.

Listing Courtesy:The Brokers Realty & Auction

More Listing Info:

AC:Central Air: true

Appliances:Electric Range: true

Appliances:Refrigerator: true

Contract Info:Foreclosure: No

Easements:See Remarks18: true

Exterior Finish:Brick4: true

Exterior Finish:Wood Siding: true

Flooring:Carpet: true

General Property Description:Acres: 1.25

General Property Description:Elementary School3: Boones Creek

General Property Description:High School3: Daniel Boone

General Property Description:HOA YN: No

General Property Description:Lot Dimensions: 1.25

General Property Description:Middle School2: Boones Creek

General Property Description:Total Units: 26

General Property Description:Zoning2: PRD 1

Heating:Central: true

Location Tax Legal Info:City Taxes: 0.0

Location Tax Legal Info:County Taxes: 3619.74

Location Tax Legal Info:Deed Book #: 863

Location Tax Legal Info:Deed Page #: 421

Location Tax Legal Info:Lot #: 129

Parking Features:Asphalt2: true

Property Condition:Average: true

Remarks Misc:Directions3: From I-26 take exit 20 to N Roan St and go seven miles. Property on left.

Remarks Misc:Public Remarks2: 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.

Roof:Composition: true

Roof:Shingle: true

Structure Type:Multi Family: true

Style:See Remarks40: true

TopographyLot Description:Rolling Slope: true

Unit 1:# Bathrooms5: 8.0

Unit 1:# Bedrooms3: 8

Unit 1:# Half Baths: 8.0

Unit 1:# Units: 8

Unit 2:# Bathrooms4: 10.0

Unit 2:# Bedrooms4: 10

Unit 2:# Half Baths2: 10.0

Unit 2:# Units2: 10

Unit 3:# Bathrooms3: 6.0

Unit 3:# Bedrooms5: 6

Unit 3:# Units3: 6

Unit 3:Half Baths: 6.0

Unit 4:# Bathrooms2: 2.0

Unit 4:# Bedrooms6: 4

Unit 4:# Units4: 2

Water:Public: true