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115 Oscar Banks Rd, JOHNSON CITY, TN 37601

$22,414+/Unit

Commercial property for sale

Added: 02/17/2012
Last Update: 07/19/2012
115 Oscar Banks Rd JOHNSON CITY, TN 37601 US
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Contact info

  • 865-777-3047 [Office] 

Description

29 unit multi-family development located 6-10 minutes from Milligan College and 12-15 minutes to East TN State University. Built between 1978 and 1982, the 9 apartment buildings plus a storage shed sit on 2.75 acres. There is a central coin-operated laundry room. Units are a mixture of 1 and 2 bedroom units, both flats and townhouse. This is a bank-owned property and we are also offering an additional 24 units nearby. The property is bank-owned. There is deferred maintenance. Currently the complex is about 12% occupied. Building price details: $650,000.

Property Details

  • Building Name:Brownstone Apts
  • Type: Multifamily
  • Use Types:Low-Rise/Garden
  • Status: Available
  • MSA: Johnson City
  • Zoning: Multi-family
  • Buildings: 1

Terms

  • Cash to Seller 

Map Locations