1701 North John B Dennis Highway, Kingsport, Tennessee

$4,950,000

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21,804

Square feet

5.00

Acres

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
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
Subdivision Not In Subdivision
City Kingsport
County Sullivan
State Tennessee
Zip Code 37664

Amenities

Is Waterfront No
Has Pool Yes

Interior

Heating Central, Heat Pump
Fireplace Yes
Has Basement No

Exterior

Exterior Brick, Stone Veneer, Vinyl Siding
Lot Description Level, Rolling Slope
Windows Double Pane Windows
Construction Site Built

School Information

Elementary Johnson
Middle Robinson
High Dobyns Bennett

Additional Information

Date Listed January 3rd, 2023
Days on Market 82
Zoning Commercial
Foreclosure No
Short Sale No
HOA Fees 0.00

Listing Details

OfficeBRIDGE POINTE REAL ESTATE JONESBOROUGH

Listing Map

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