2023 Wrapper
Listing ID9948247
Price$6,799,000
StatusActive
SqFt
33,492
Acres
5.470
CountyWashington
Year Built2018
Property TypeMulti-Family
Property Sub TypeOther
WANTED.... FUTURE BILLIONIARE!!!Fantastic investment opportunity with this newer established, well maintained craftsmen style 34-unit complex totaling 6 buildings. Each unit will greet you with an open floor plan, vaulted ceilings, eat-in kitchen with pantry, custom stained concrete floors, 2 bedrooms, 1 bathroom, attached garage, and private back patio. Property has a current cap rate above 6%, current monthly income of $48,300.00 and room for growth with raisable rents. Yearly expenses are on an average of the last 10 months.**Buyer and buyers agent to verify all infomation**
County
Washington
Price Reduction Date
2024-03-10T17:31:08+00:00
Price/SqFt
203
Property Sub Type
Other
Property Type
Multi-Family
Year Built
2018
Zoning
Residential
AC
Heat Pump
Appliances
Dishwasher, Disposal, Electric Range, Microwave, Refrigerator
Building 1: Number of Bathrooms
34
Building 1: Number of Bedrooms
68
Building 1: Number of Rooms
170
Building 1: SqFt
33492
Flooring
Concrete, Luxury Vinyl, Other
Heating
Heat Pump
Interior Features
Open Floorplan, Pantry
Stories
1
Walls
Drywall
Amenities
Landscaping
Building 1: Number of Units
34
Construction
Site Built
Exterior Finish
Brick, Vinyl Siding
Garage: Garage Spaces
1
Lot Dimensions
Irr
Number of Buildings
6
Number of Units
34
Parking Features
Asphalt, Garage Door Opener, Parking Spaces
Porch/Patio/Deck
Front Patio, Rear Patio
Roof
Shingle
Sewer
Public Sewer
Style
Bungalow
Total Units
34
Water
Public
Elementary School
Ridgeview
Middle School
Ridgeview
High School
Daniel Boone
Topography/Lot Description
Level
Auction
No
Building 1: Monthly Rent
48300
County Taxes
24030.12
Easements
None
Expenses Include
Electric, Lawn Maint, Other, Property Insurance, Repairs and Maint, Waste, Water/Sewer
Foreclosure
No
Income & Expenses: Annual Operating Expenses
98353
Income & Expenses: Gross Annual Income
579600
Income & Expenses: Net Annual Income
481247
Short Sale
No
Deed Book Number
1093
Deed Page Number
2029
Document Count
9
Home Warranty
No
Info Available
Aerial, Floor Plan, Plat, Rental Rolls, Topo Map
Property Condition
Above Average
© 2024 Tennessee Virginia Regional MLS. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of TVRMLS. Real estate listings held by IDX Brokerage firms other than Arbella Properties INC are marked with the Internet Data Exchange logo or the Internet Data Exchange thumbnail logo and detailed information about them includes the name of the listing Brokers. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Information provided is deemed reliable but not guaranteed. Data last updated: Thursday, March 28th, 2024 at 05:40:39 AM.
Contact - Listing ID 9948247
Brenda Campbell
1805 W. State of Franklin Suite 900
Johnson City, TN 37604
United States
Johnson City, TN 37604
United States
Data services provided by IDX Broker