Active
6125 Kingsport Highway
Johnson City TN, 37615
$3,400,000
Active
Multi-family
Built in 1996
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.
9973013
MLSⓇ ID
November 1, 2024
Listed
November 22, 2024
Updated
Map
6125 Kingsport Highway
Johnson City TN, 37615
Interior Features
Appliances
Electric Range, Refrigerator
Floor Description
Carpet
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
1.25 Acres
Lot Features
Rolling Slope
Architectual Style
See Remarks
Roof
Composition, Shingle
School Information
High School
Daniel Boone
Elementary School
Boones Creek
Other Property Details
Days on Market
6
Garage
No
Parking
Asphalt
View
No
County
Washington
Water Source
Public
Pool
No
Zoning
PRD 1