About 1701 North John B Dennis Highway
Well maintained 34 unit apartment complex across from Eastman! Just imagine the corporate short term per diem rental potential with this one! 8 large 2 bedrooms and 26 one bedrooms with 3 sizes that will offer a nice mix for your tenants. Most tenants are month to month and have been here for years. Rents are coming up and will come up. Newly rented units were rented closer to market rents. This apartment complex has the ability to cap at 12-13% or more! With the stock market down, why risk your losses when you can win here!! The potential is easy for it to only get better with a well maintained and cared for complex. Next showing for 8 units Wednesday January 11th 11-1
Features of 1701 North John B Dennis Highway
| MLS® # | 9947049 |
|---|---|
| Price | $2,495,000 |
| 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
| Utilities | Cable Available |
|---|---|
| Is Waterfront | No |
| Has Pool | Yes |
Interior
| Heating | Central, Heat Pump |
|---|---|
| Fireplace | Yes |
| Has Basement | No |
Exterior
| Exterior | Brick |
|---|---|
| Lot Description | Level, Rolling Slope, Part Wooded, Steep Slope |
| Construction | Site Built |
School Information
| Elementary | Johnson |
|---|---|
| Middle | Robinson |
| High | Dobyns Bennett |
Additional Information
| Date Listed | January 7th, 2023 |
|---|---|
| Days on Market | 78 |
| Zoning | R3 |
| Foreclosure | No |
| Short Sale | No |
| HOA Fees | 0.00 |
Listing Details
| Office | BRIDGE POINTE REAL ESTATE JONESBOROUGH |
|---|