Start of property details
106 Reeser Rd
Johnson City, TN 37601
FOR
SALE
$10,200,000
For Sale
MLS# 1225848
Listed on site 146 days since May 3rd, 2023
Property Details
Buffalo Creek Apartments isa 60-unit value add opportunity located in Johnson City, TN. This property is priced as a finished product but can be bought at a discounted price determined by the phase ofthe renovations.Buffalo Creek Apartments consists of six (10) unit 2 bedroom / 1 bath apartments with a remodeled laundromat space, office building with storage and 8 mini storage units. 5 buildings are townhouse style with 2 bedroom and 1 bath on upper level and kitchen / living area on the main level. The other building consist of single level apartments with 5 units up and 5 units down.Buffalo Creek represents an appealing opportunity to purchase this value-add asset allowing incoming ownership to continuing to renovate existing units, getting rents to market, and generating additional income + equity.
Property Highlights
Price
$10,200,000
Property Type
Multi-Family
Year Built
1998
Acres
0.00
Location
Area
Washington County
County
Washington County
Property Details
Price
$10,200,000
Property Type
Multi-Family
Interior Features
Area and Spaces
Number of Units
60
Interior Features
Flooring
Laminate, Other
Heating and Cooling
Heating Features
Central, Other
Building Details
Construction
Year Built
1998
Materials
Construction Materials
Brick
Terms
Terms
Special Terms
New Loan, Cash, Conventional
Heating, Cooling & Utilities
Cooling Features
Central Cooling
Parking
Parking Features
On Premise Parking
Listed by Svn I Wood Properties. Listing Data last updated 27th September, 2023 12:00 MST
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Property History
146 days ago
Property Listed
22 days ago
Date Sold
21 days ago
Property info last updated
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Listed by Svn I Wood Properties
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