About 1701 North John B Dennis Highway
Large Portfolio of 3 well maintained and well taken care apartment complexes totaling 68 units to add to your investment portfolio! Why lose money in the stock market when you can invest here and get a 12 -13% return on your investment based off of proforma rents!! Seller is increasing rents to support proforma rents as tenants move out and are re-rented. TONS of capital improvements throughout including new windows, LVT, new carpet, granite, heat pumps replaced as needed, new blacktop, roofs approximately 7 years old, etc. Limited walkthroughs will be permitted.Wednesday Jan 4th 10am for 34 unitsWednesday Jan 4th 12pm for 21 unitsTuesday January 10th 10am for 13 unitsSale includes 3 properties:1701 N John B Dennis 722 Old Stage Rd 216-218-220 Colonial Heights Call today for any additional informationbuyer/buyer's agent to verify
Features of 1701 North John B Dennis Highway
MLS® # | 9946906 |
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Price | $4,950,000 |
Bathrooms | 0.00 |
Square Footage | 21,804 |
Acres | 5.00 |
Year Built | 1964 |
Type | Multi-Family |
Sub-Type | Multi-Family |
Style | 2 Story |
Status | Contingent - Show |
Community Information
Address | 1701 North John B Dennis Highway |
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Subdivision | Not In Subdivision |
City | Kingsport |
County | Sullivan |
State | Tennessee |
Zip Code | 37664 |
Amenities
Is Waterfront | No |
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Has Pool | Yes |
Interior
Heating | Central, Heat Pump |
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Fireplace | Yes |
Has Basement | No |
Exterior
Exterior | Brick, Stone Veneer, Vinyl Siding |
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Lot Description | Level, Rolling Slope |
Windows | Double Pane Windows |
Construction | Site Built |
School Information
Elementary | Johnson |
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Middle | Robinson |
High | Dobyns Bennett |
Additional Information
Date Listed | January 3rd, 2023 |
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Days on Market | 82 |
Zoning | Commercial |
Foreclosure | No |
Short Sale | No |
HOA Fees | 0.00 |
Listing Details
Office | BRIDGE POINTE REAL ESTATE JONESBOROUGH |
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