908 Chadwick Dr - Apartments FOR SALE


Kingsport, TN 37660- Town Of Kingsport
$1,595,000 USD
865-210-0228
908 Chadwick Dr, Kingsport, TN for Sale
$1,595,000 USD
Apartments - FOR SALE
1/23
null | Request Cap Rate

908 Chadwick Dr
Kingsport, TN 37660
Town Of Kingsport


HIGHLIGHTS

  • 25 Units
  • 100% Occupied
  • Value Add Properties

OVERVIEW

PWA Properties is pleased to present a 25-unit multifamily portfolio in Kingsport, Tennessee. The portfolio is currently 100% occupied and consists of six buildings with a unit mix of twenty 1 bed /1 bath units and five 3 bed / 1.5 bath units. Located approximately five minutes from downtown Kingsport, the property offers stable in-place income with value-add potential through future improvements and rent growth. This portfolio is located in Kingsport, TN which is anchored by major employers including Eastman Chemical Company and Ballad Health, providing a strong and stable employment base. The area offers convenient access to a range of retail, dining, and recreational amenities, along with proximity to the Tri-Cities region, supporting continued residential demand. Sale includes: 908 Chadwick Drive 912 Chadwick Drive 945 Chadwick Drive 948 Chadwick Drive 1000 Derwood Court 1005 Tranbarger Drive

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$84 USD /SF

# OF UNITS

25

PRICE/UNIT

$63,800

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.74 AC

LAND SF

75,794 SF

ZONING

R3

APN/PARCEL ID

029L-C-044.00

ASK ABOUT THIS PROPERTY

Kevin TiptonPWA PropertiesMore Info
865-210-0228

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Kevin TiptonPWA PropertiesMore Info
865-210-0228

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