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

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Blue Ridge Properties Listing

1315 Indian Ridge Road, Johnson City, TN 37604 (MLS #9973011)

Basic Information:

Bedrooms: 0

Full Bathrooms: 0

Half Bathrooms: 0

Type: Multi Family

Sub Type: Multi Family

MLS Number: 9973011

Lot Acreage: 2.10000

Living Area: 0

Year Built:2004

Elementary School: Woodland Elementary

Middle School: Liberty Bell

High School: Science Hill

Public Remarks: 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 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

Flooring:Carpet: true

General Property Description:Acres: 2.1

General Property Description:Elementary School3: Woodland Elementary

General Property Description:High School3: Science Hill

General Property Description:HOA YN: No

General Property Description:Lot Dimensions: 334 x 283

General Property Description:Middle School2: Liberty Bell

General Property Description:Total Units: 30

General Property Description:Zoning2: R 5

Heating:Central: true

Location Tax Legal Info:City Taxes: 8444.3

Location Tax Legal Info:County Taxes: 9169.32

Location Tax Legal Info:Deed Book #: R466

Location Tax Legal Info:Deed Page #: I1562

Property Condition:Average: true

Remarks Misc:Directions3: From W Market St in Johnson City, turn onto Indian Ridge Rd at Krispy Kreme. Property on left.

Remarks Misc:Public Remarks2: 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.

Roof:Composition: true

Roof:Shingle: true

Sewer:Public Sewer: true

Structure Type:Multi Family: true

Style:See Remarks40: true

TopographyLot Description:Rolling Slope: true

Unit 1:# Bathrooms5: 10.0

Unit 1:# Bedrooms3: 10

Unit 1:# Units: 10

Unit 2:# Bathrooms4: 10.0

Unit 2:# Bedrooms4: 10

Unit 2:# Units2: 10

Unit 3:# Bathrooms3: 10.0

Unit 3:# Bedrooms5: 10

Unit 3:# Units3: 10

Unit 4:# Bathrooms2: 0.0

Unit 4:# Units4: 0

Water:Public: true