Description
Presenting a 25-unit multifamily portfolio in Kingsport, Tennessee. The portfolio is currently 100% occupied and consists of six buildings with a unit mix of twenty 1 bed /1 bath units and five 3 bed / 1.5 bath units. Located approximately five minutes from downtown Kingsport, the property offers stable in-place income with value-add potential through future improvements and rent growth. This portfolio is located in Kingsport, TN which is anchored by major employers including Eastman Chemical Company and Ballad Health, providing a strong and stable employment base. The area offers convenient access to a range of retail, dining, and recreational amenities, along with proximity to the Tri-Cities region, supporting continued residential demand. Sale includes: 908 Chadwick Drive, 912 Chadwick Drive, 945 Chadwick Drive, 948 Chadwick Drive, 1000 Derwood Court, 1005 Tranbarger Drive
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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17,766SQFT
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$87$/SQFT
School Ratings & Info
Description
Presenting a 25-unit multifamily portfolio in Kingsport, Tennessee. The portfolio is currently 100% occupied and consists of six buildings with a unit mix of twenty 1 bed /1 bath units and five 3 bed / 1.5 bath units. Located approximately five minutes from downtown Kingsport, the property offers stable in-place income with value-add potential through future improvements and rent growth. This portfolio is located in Kingsport, TN which is anchored by major employers including Eastman Chemical Company and Ballad Health, providing a strong and stable employment base. The area offers convenient access to a range of retail, dining, and recreational amenities, along with proximity to the Tri-Cities region, supporting continued residential demand. Sale includes: 908 Chadwick Drive, 912 Chadwick Drive, 945 Chadwick Drive, 948 Chadwick Drive, 1000 Derwood Court, 1005 Tranbarger Drive
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