26-Unit Meticulously maintained apartment Complex in the heart of Gray with a Johnson City address. 24 1 bedroom 1.5 bath units with drive under garages, and a 2 Bedroom Duplex with drive under garages. 4 units total on 4 parcels with high potential for rent increases. Same owner since 2015. 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. Buyer/buyer's agent to verify acreage. Seller has a total of 4 apartment complexes for sale.
Property Details
Property Features
Property Information:
Architectural Style: See Remarks
Year Built: 1996
Listing Office:
Office Name: The Brokers Realty & Auction
Office Phone: (423) 631-0355
Listing Agent: Jonathan Forester
Interior Features
Interior Information:
Appliances: Electric Range, Refrigerator
Flooring Type: Carpet
Exterior Features
Parking Information:
Attached Garage: No
Parking: Asphalt
Lot Features
Lot Information:
Lot: Rolling/Hilly
Lot Size: 1.25 Acres
Utilities
Utilities Information:
Heating: Central
Cooling: Central Air
Other
Directions Information:
Directions: From I-26 take exit 20 to N Roan St and go seven miles. Property on left.
Price Information
Listing Price Info
Price Summary:
List Price: $3,400,000
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Housing Market Comparison
See how this home compares to others in Johnson City, TN.
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Schools
Schools Nearby
The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.
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Nearby Schools
8
/10
Lake Ridge Elementary School
1001 Lake Ridge Sq
Distance between this listing and this school4.12 miles
Public District Grades KG-4
9
/10
Miller Perry Elementary School
904 Fordtown Rd
Distance between this listing and this school4.20 miles
Public District Grades KG-5
8
/10
Holston Elementary School
2348 Highway 75
Distance between this listing and this school4.79 miles
Public District Grades PK-5
Nearby Schools
6
/10
Gray Elementary School
755 Gray Station Rd
Distance between this listing and this school2.08 miles
Public District Grades PK-8
8
/10
Ridgeview Elementary School
252 Sam Jenkins Rd
Distance between this listing and this school4.10 miles
Public District Grades PK-8
7
/10
Indian Trail Intermediate School
307 Car Mol Dr
Distance between this listing and this school4.21 miles
Public District Grades 5-6
Nearby Schools
5
/10
Daniel Boone High School
1440 Suncrest Dr
Distance between this listing and this school4.45 miles
Public District Grades 9-12
4
/10
Tennessee Virtual Learning Academy
2002 Indian Ridge Rd
Distance between this listing and this school7.48 miles
Public District Grades 9-12
8
/10
Science Hill High School
1509 John Exum Pkwy
Distance between this listing and this school7.77 miles
The neighbors living near this home have an average income of $60,818. The majority of Johnson City, TN residents have income between $35k-100k annually. The most common type of family is single, no kids. Typical level of education for residents in this area is post secondary degree.
All data provided by Home Junction and Claritas
Living In Johnson City, TN
Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.
Types of housing in Johnson City, TN.
Johnson City's housing market is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate a range of preferences. The architectural styles vary, with a notable presence of traditional and craftsman designs. A significant portion of the homes were constructed during a development boom from the late 20th century to the early 2000s. The homeownership rate in Johnson City is robust, with a majority of residents owning their homes, while a smaller percentage are renters.
What is it like to live in Johnson City, TN?
Johnson City prides itself on a community-oriented atmosphere, with a blend of urban and suburban elements that contribute to its unique character. The city is celebrated for its annual festivals and events that highlight the local culture and foster a sense of togetherness among residents. The presence of parks and recreational areas adds to the city's charm, providing spaces for leisure and community engagement.
Is it easy to get around Johnson City, TN without a car?
The community is served by a comprehensive educational system, including a number of public and private schools that cater to various educational needs. Healthcare facilities in Johnson City are equipped to offer a range of services, from primary care to specialized treatments. The city also features a public library system that supports the educational and informational needs of its residents. Retail and dining options reflect the local culture, with an assortment of establishments that cater to a variety of tastes and preferences.
Transportation in Johnson City, TN.
Transportation in Johnson City includes a network of roads and highways that facilitate travel and commuting within the city and to neighboring areas. Public transit options are available, providing residents with alternatives to private vehicle use. The city's walkability varies by area, with certain neighborhoods being more pedestrian-friendly than others. Bike paths and lanes are also present, promoting cycling as a viable mode of transport. Ride-sharing services are operational in the city, offering additional transportation choices for residents and visitors.
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This home is located at 6125 Kingsport Hwy in Johnson City, TN and zip code 37615. This home, which was built in 1996, sits on a 1.25 acre lot. It has been listed on Rocket Homes since November 01, 2024 and is currently priced at $3,400,000.
In October 2024 more than 9 listings in Johnson City, TN were sold above the asking price. During the same period more than 28 listings were sold at asking price, while more than 65 were sold below. The number of listings in Johnson City, TN increased by 4.1% between September 2024 and October 2024. In October 2024 median list price was $302,352 and the average listing age was 63 days.
From Rocket Homes Real Estate and based on county public records data.
Soccer
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Old Navy
Dick's Sporting Goods
Family Dollar
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Arbys
Dominos Pizza
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Adult Hits
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