346 Old Gray Station Rd - Apartments FOR SALE


Johnson City, TN 37615
$5,000,000 USD
423-677-8095
346 Old Gray Station Rd, Johnson City, TN for Sale
$5,000,000 USD
Apartments - FOR SALE
1/8
null | Request Cap Rate

346 Old Gray Station Rd
Johnson City, TN 37615


OVERVIEW

40 units total. 6 1 bedroom, no garage. 14 1 bedroom, with garage. 8 2 bedroom, no garage. 12 large 2 bedroom, no garage. The owner has done a lot of capital improvements & prides himself in maintaining a very good product. These units are ready for a new investor to take over & start making money. Owner not providing T12 or P&L. Will provide rent rolls. Seller has a total of 4 apartment complexes for sale.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$1,270 USD /SF

# OF UNITS

40

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2003

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

R-3 A

APN/PARCEL ID

012 094.00

ASK ABOUT THIS PROPERTY

Johnathan ForesterThe Brokers Realty & Auction, Inc.More Info
423-677-8095

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Johnathan ForesterThe Brokers Realty & Auction, Inc.More Info
423-677-8095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.