920 Chadwick Drive, Kingsport, TN 37660

$2,550,000
18,954
SqFt

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List Price
$2,550,000
Status
ACTIVE
Days on Market
19
MLS#
1352917
Subtype
Residential Income
Year Built
1980
Living Area
18,954
Subdivision
Plaza Hts Sub

Property Description

Presenting a 29-unit multifamily portfolio in Kingsport, Tennessee. The portfolio consists of seven buildings with a unit mix of twelve 3 bed / 1.5 bath units, twelve 1 bed / 1 bath units, four 2 bed / 1 bath units, and one 3 bed / 2 bath unit. The property is currently 93% occupied, with only two vacancies, and is located approximately five minutes from downtown Kingsport. The portfolio offers stable in-place income with value-add potential through continued improvements and rent growth. Addresses Include: 920 Chadwick Drive, Kingsport, TN 37660; 924 Chadwick Drive, Kingsport, TN 37660; 928 Chadwick Drive, Kingsport, TN 37660; 932 Chadwick Drive, Kingsport, TN 37660; 936 Chadwick Drive, Kingsport, TN 37660; 940 Chadwick Drive, Kingsport, TN 37660; 944 Chadwick Drive, Kingsport, TN 37660

Additional Information

Exterior Features
Balcony
Appliances
Refrigerator, Range, Dishwasher
Heating
Central, Natural Gas
Air Conditioning
Central Air
Exterior Construction
Brick

Courtesy of PWA Properties

Agent: Kevin G. Tipton |

Office: PWA Properties |

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Calculator source: Real Geeks