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
| Amenities | Clubhouse, Landscaping |
|---|---|
| Utilities | Cable Available |
| Parking | Asphalt, Garage Door Opener |
| View | Mountain |
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| 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
| 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
| Office | LEFEMINE COMMERCIAL PROPERTIES LLC |
|---|