UPDATED:
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
Square Footage 13,135 sqft
Price per Sqft $205
MLS Listing ID 1302573
Year Built 1993
Lot Dimensions 556.13 X 131.25
Source East Tennessee REALTORS® MLS
Property Description
We are pleased to present a great investment opportunity in a
well-maintained, 24-unit garden-style apartments complex
located in Kingsport, TN. For investors seeking a property in a
growing market, Creekside Apartments offers a compelling
opportunity. The combination of high occupancy, recent upgrades,
and a favorable location makes this an attractive addition to any
real estate portfolio. Situated in the Tri-Cities region, Kingsport
boasts a stable real estate market supported by a robust economy,
including major employers like Eastman Chemical Company and
Holston Valley Medical Center. The city's location along major
highways and its well-developed transportation infrastructure is
also beneficial for investors.
PROPERTY HIGHLIGHTS
18 of the 24 units have been renovated by Seller since 2022.
Air conditioning, heating, vinyl flooring, private balcony/patio,
refrigerator, and kitchen appliances.
New roofs & HVAC systems installed in 2022/2023.
Washer/dryer hookups, walk-in closets, and ample storage
space.
Location
State TN
County Sullivan County
Rooms
Family Room Yes
Other Rooms Foyer, Bedroom Main Level, Breakfast Room, Separate Dining Room, Family Room, Mstr Bedroom Main Level
Interior
Interior Features Pantry
Heating Central, Electric
Cooling Central Cooling, Ceiling Fan(s)
Flooring Vinyl
Window Features Windows - Insulated
Appliance Dishwasher, Microwave, Range, Refrigerator
Heat Source Central, Electric
Exterior
Exterior Feature Balcony
Parking Features On Premise Parking
Garage Description On Premise Parking
Utilities Available Cable Available (TV Only)
Roof Type Shingle
Garage No
Building
Faces Follow I-40 E and I-81 N to Old Wilcox Dr in Kingsport. Take exit 4 from I-26 W/US-23 N
Structure Type Aluminum Siding,Block,Frame
Others
Restrictions No
Tax ID 061C F 028.00
Energy Description Electric
Acceptable Financing New Loan
Listing Terms New Loan
Get More Information
Patrick Malone
Broker Associate | License ID: 287979
Broker Associate License ID: 287979
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