$6,009,500
1401 University Boulevard
Kingsport, TN 37660
MLS# 9921568
Status: Closed



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Property Description
Very well-maintained apartment complex. $65,900 per unit with room to move the rent up. Swimming pool. Lots of upside.

Details
Maps
Documents
Location, Tax & Legal Info
Parcel ID: 022 036.10 00
Complex/Ind Park: Bradley Hills Apartments
Deed Book #: 1021
Deed Page #: 817
City Taxes: 25524
County Taxes: 34199
Contract Info
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 5890000
Current Price: $6,009,500
Listing Date: 2021-04-27
General Property Description
Road Frontage Length: 716
Acres: 9.41
Lot Size: 9.407 acres
Zoning: B-3
Total SqFt Finished: 0
Total SqFt Unfinished: 0
Annual Lease $: 785112
Year Built: 1992
Remarks & Misc
Directions: West Stone Drive to University Blvd. Turn Right. Apartments on the Right.
Property Condition
Above Average: 1
Business Type
See Remarks: 1
Exterior Finish
Brick: 1
Vinyl Siding: 1
Other Equipment
Dishwasher: 1
Disposal: 1
Range: 1
Refrigerator: 1
Roof
Shingle: 1
Road Access
City Street: 1
Electric Service
220 Volts: 1
Development Status
Cleared: 1
Heating
Heat Pump: 1
Info Available
Aerial: 1
Tax Returns: 1
AC
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
Other: 1
Easements
None: 1
Financing
Conventional: 1
Existing Finance
Conventional: 1
Sale Includes
Fee Simple: 1
Location Tax Legal Info
Street #: 1401
Street Name: University
St Suffix: Boulevard
County: Hawkins
State/Province: TN
Zip Code: 37660
Area: 404 - City/West
Subdivision: Not In Subdivision
Status Change Info
Date Pending: 2021-04-30
Sold Date: 2021-07-28
Sold Price: $6,009,500
Property Features
Property Condition: Above Average
Business Type: See Remarks
Exterior Finish: Brick; Vinyl Siding
Other Equipment: Dishwasher; Disposal; Range; Refrigerator
Roof: Shingle
Electric Service: 220 Volts
Development Status: Cleared
Heating: Heat Pump
AC: Heat Pump
Water: Public
Sewer: Public Sewer
Road Access: City Street
Info Available: Aerial; Tax Returns
Restrictions: Other
Easements: None
Financing: Conventional
Existing Finance: Conventional
Sale Includes: Fee Simple

Listing Office: RE/MAX Preferred

Last Updated: July - 29 - 2021

Information deemed reliable but not guaranteed.


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