944-944 Chadwick Dr - Apartments FOR SALE


Kingsport, TN 37660- Town Of Kingsport
$2,550,000 USD
865-210-0228
944-944 Chadwick Dr, Kingsport, TN for Sale
$2,550,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

944-944 Chadwick Dr
Kingsport, TN 37660
Town Of Kingsport


OVERVIEW

PWA Properties is pleased to present 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

FOR SALE DETAILS

PRICE

$2,550,000 USD

PRICE/SF

$125 USD /SF

# OF UNITS

29

PRICE/UNIT

$87,931

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chadwick Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

Residential

APN/PARCEL ID

029L-C-035.00,029L-C-036.00,029L-C-037.00,029L-C-038.00,029L-C-039.00,029L-C-040.00,029L-C-041.00

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.