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Description

Out of town investors apartment portfolio is for sale in North East Tennessee. Owner is offering a portfolio package or will separate certain apartments from the group if buyer wishes. 8 total sites make up the portfolio for sale. 50 units are located in Johnson City and the balance is in Elizabethton, TN. Most of the units are 2 bedroom apartments and a few one bedrooms. Property is being managed by a local property management group. Located behind the airport apts there is 3.5 acres for sale at 99k for expansion. Information on Apartment sites: *328 South Lynn Ave, Elizabthton, TN 22 units built in 1929 *204 East I Street, Elizabthton, TN 4 units built in 1930 *343 Hwy 91 North, Elizabthton,TN 32 units built in 1975 *142 Spears Ave, Elizabethton, TN 11 units built in 1972 *308 South Watauga, Elizabethton, TN 6 units built in 1929 *652 Jena Beth Drive, Elizabethton,TN 8 units built in 2000 *106 VIP Rd, Elizabethton, TN 7 units built in 1960 *108-113 Terrace Court, Johnson City, TN 50 units built in 1968 Building price details: $4,000,000.

Property Details

• Type: Multifamily
• Status: Available
• Buildings: 1

Map Locations