921 Chadwick Dr
- 16 Unit Portfolio
- 12 Units: 2 Bed / 1 Bath; 4 Units: 1 Bed / 1 Bath
- Value-Add Portfolio
- Located in Kingsport, TN near major employers and retailers
Property Description
This 16-unit multifamily portfolio is located across four buildings in Kingsport, Tennessee. The portfolio consists of twelve 2-bedroom, 1-bathroom units and four 1-bedroom, 1-bathroom units. Recent capital improvements include the replacement of two roofs along with select interior unit upgrades. There are currently six vacancies and those units are undergoing renovations. With opportunities for continued renovations and rent increases, this value-add portfolio presents investors with the opportunity to enhance the property's overall performance. Conveniently located with access to major employers, healthcare, retail, and regional transportation corridors, this portfolio presents an excellent opportunity to acquire a scalable multifamily investment with both in-place income and long-term appreciation potential.
Key Property Information
| Listing Status: | Unavailable |
|---|---|
| Listing Type: | Call for offers |
| Property Types: | Apartment Buildings |
| Price: | $960,000 |
| No. of Units: | 16 |
| Year Built: | 1971 |
| Lot Size: | 1.24 Acres |
| Opportunity Zone: | No |
| Price per unit: | $60,000 |
| Property Website | Click Here |
Investment Analyzer
Sponsored by:
Step 1Financing Calculation
Step 2Gross Rent Analysis
Please enter annual amounts.
Step 3Cap Rate Calculation
Step 4Final Deal Analysis
Similar Properties in the Area
623 Nassau Street
Forest Park, GeorgiaBrokers
View All-
Remax Professionals
Re/Max Real Estate Professionals | New York
-
Jared Ennis
Central CA Commercial | California
-
Rick Recckio
Recckio Real Estate & Development
-
Eamonn McConnell
Avison Young - CA - ON - Greater Toronto
Lenders
View AllManagement
View All-
Essex Property Trust, Inc.
California
-
Josh A
California
-
Bob Tuteur
-
Andrew Schildcrout