80 Jones Rd - Apartments FOR SALE


Erwin, TN 37650
$4,000,000 USD
865-210-0228
80 Jones Rd, Erwin, TN for Sale
$4,000,000 USD
Apartments - FOR SALE
1/26
null | Request Cap Rate

80 Jones Rd
Erwin, TN 37650


HIGHLIGHTS

  • 45 Units Total
  • Recent Renovations to Nearly Half the Units
  • Laundry Facility On-Site
  • 20 Minutes to Downtown Johnson City and ETSU

OVERVIEW

SVN | Wood Properties is pleased to exclusively present Liberty Estates Apartments located at 80 Jones Road, Erwin, TN 37650. The property is located within 15 minutes of Downtown Johnson City and East Tennessee State University. This 45-unit multifamily property consists of eighteen 2 bed / 1.5 bath units, seventeen 1 bed / 1 bath units, nine 2 bed / 1 bath units, and one 3 bed / 2 bath unit. Fifteen units have washer / dryer hookups, while the remaining units have access to the on-sire laundry room. In addition, tenants pay all their utilities.

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$89 USD /SF

# OF UNITS

45

PRICE/UNIT

$88,889

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Liberty Estates Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.22 AC

LAND SF

96,703 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Kevin TiptonSVN | Wood PropertiesMore Info
865-210-0228

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Kevin TiptonSVN | Wood PropertiesMore Info
865-210-0228

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.