Pending

6125 Kingsport Highway

Johnson City TN, 37615

$3,400,000


Pending

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 30, 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

29


Garage

No


Parking

Asphalt


View

No


County

Washington


Water Source

Public


Pool

No


Zoning

PRD 1

Listing History

Date

Event

Price

11/30/2024

Pending

The IDX display presents information sourced from the Tennessee / Virginia Regional Multiple Listing Service as of 11/30/2024. The data is intended for personal, non-commercial use and should not be used for any other purpose except to identify potential properties for purchase. While the MLS data displayed is generally deemed reliable, it is NOT guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. The property locations displayed on any map are merely best approximations and exact locations should be independently verified.

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