211 University Parkway, Johnson City, Tennessee


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Square feet



About 211 University Parkway

Fantastic Investment Opportunity- Maple Crest Independant Living consists of 16 Patio Homes, 5 Units with 1,737 sq.ft. & a two car garage, 11 Units with 1,559 sq.ft. & 1 car garage. Social Club House with 2,490 sq.ft which includes a large kitchen facility and open gathering areas. There is also an additional 9.18 acres of property that is on grade and ready to develop that adjoins the existing duplex's and club house. The additional property is currently Zoned R5 which will allow a maximum of 22 units per acre. This opportunity doesn't come along very often where you can have a wonderful rental income base while building out and selling additional patio homes or developing a multi-story structure.The demand for senior housing is at an all- time high. This property is conveniently located close to I-26, hospitals, grocery stores, drug stores, ETSU and it all comes with beautiful mountain views. ** New patio homes would pre- sell out very quickly. Please see the property survey, building footprints and aerial photos under Documents. The annual taxes for the remaining 8.2 acres : City $4,268.16 & County $5366.40

Features of 211 University Parkway

MLS® # 9944966
Price $5,250,000
Bathrooms 2.00
Square Footage 5,786
Acres 14.30
Year Built 2005
Type Multi-Family
Sub-Type Duplex
Style 1 Story, Patio Home
Status Active

Community Information

Address 211 University Parkway
Subdivision Not In Subdivision
City Johnson City
County Washington
State Tennessee
Zip Code 37604


Amenities Clubhouse, Landscaping
Utilities Cable Available
Parking Asphalt, Garage Door Opener
View Mountain
Is Waterfront No
Has Pool Yes


Interior Features Eat-in Kitchen, Entrance Foyer, Open Floorplan, Smoke Detector(s), See Remarks, Walk-In Closet(s)
Heating Central, Natural Gas, See Remarks
Fireplace Yes
Has Basement No


Exterior HardiPlank Type, Stone
Exterior Features Other
Lot Description Level, See Remarks
Windows Insulated Windows, Window Treatments
Roof Architect Shingle
Construction Site Built
Foundation Slab

School Information

Elementary South Side
Middle Indian Trail
High Science Hill

Additional Information

Date Listed October 25th, 2022
Days on Market 152
Zoning R5
Foreclosure No
Short Sale No
HOA Fees 0.00

Listing Details


Listing Map

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