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Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Commercial Lease
Sub Type:
MLS Number: 9975691
Lot Acreage: 2.70000
Living Area: 16,200
Year Built:1973
Elementary School:
Middle School:
High School:
Public Remarks: Investment Opportunity - 25-Unit Apartment Complex in Johnson City, TN Introducing 1106 Fremont Drive, a prime multi-family investment in the heart of Johnson City, TN. This 25-unit apartment complex offers a steady income stream with renters already in place, making it an excellent addition to any investor's portfolio. Proof of funds required before showing. With units in average condition, this property presents a great opportunity for value-add improvements or continued stable cash flow as-is. Conveniently located near local amenities, shopping, and major roadways, it ensures strong rental demand in an ever-growing market. Whether you're looking to expand your portfolio or break into the multifamily space, 1106 Fremont Drive offers potential and profitability in an established rental community. Don't miss this opportunity!
Listing Courtesy:KW Johnson City
AC:Heat Pump3: true
AC:Window Unit(s): true
Business Type:Residential2: true
Contract Info:Foreclosure: No
Development Status:See Remarks37: true
Electric Service:See Remarks36: true
Exterior Finish:Brick4: true
Exterior Finish:Vinyl Siding: true
General Property Description:Acres: 2.7
General Property Description:Annual Lease: 198000.0
General Property Description:HOA YN: No
General Property Description:Lease: Yes
General Property Description:Lot Size2: 2.7 Acres
General Property Description:Stories3: 2.0
General Property Description:Total SqFt Finished: 16200.0
General Property Description:Total SqFt Unfinished: 0.0
General Property Description:Zoning2: RP 4
Heating:Heat Pump2: true
Heating:Radiant: true
Info Available:Rental Roles: true
Location Tax Legal Info:City Taxes: 5605.78
Location Tax Legal Info:County Taxes: 6087.08
Location Tax Legal Info:Deed Book #: 1115
Location Tax Legal Info:Deed Page #: 1646
Other Equipment:Range2: true
Other Equipment:Refrigerator2: true
Property Condition:Average: true
Remarks Misc:Directions3: From Legion St. turn onto King Springs Rd. travel .3 mil and take a L onto E Ridge Dr. then a R on Fremont Dr. Property will be on the L. GPS friendly.
Remarks Misc:Public Remarks2: Investment Opportunity - 25-Unit Apartment Complex in Johnson City, TN Introducing 1106 Fremont Drive, a prime multi-family investment in the heart of Johnson City, TN. This 25-unit apartment complex offers a steady income stream with renters already in place, making it an excellent addition to any investor's portfolio. Proof of funds required before showing. With units in average condition, this property presents a great opportunity for value-add improvements or continued stable cash flow as-is. Conveniently located near local amenities, shopping, and major roadways, it ensures strong rental demand in an ever-growing market. Whether you're looking to expand your portfolio or break into the multifamily space, 1106 Fremont Drive offers potential and profitability in an established rental community. Don't miss this opportunity!
Restrictions:Other37: true
Road Access:City Street: true
Roof:Composition: true
Sale Includes:See Remarks35: true
Sewer:Public Sewer: true
Water:Public: true