$5,830,000
211 University Parkway, 1-16
Johnson City, TN 37604
MLS# 9962144
3296 sqft


211 University Parkway, 1-16, Johnson City, TN 37604
  1 / 13  
211 University Parkway, 1-16, Johnson City, TN 37604 211 University Parkway, 1-16, Johnson City, TN 37604 211 University Parkway, 1-16, Johnson City, TN 37604 211 University Parkway, 1-16, Johnson City, TN 37604 211 University Parkway, 1-16, Johnson City, TN 37604 211 University Parkway, 1-16, Johnson City, TN 37604 211 University Parkway, 1-16, Johnson City, TN 37604 211 University Parkway, 1-16, Johnson City, TN 37604 211 University Parkway, 1-16, Johnson City, TN 37604 211 University Parkway, 1-16, Johnson City, TN 37604 211 University Parkway, 1-16, Johnson City, TN 37604 211 University Parkway, 1-16, Johnson City, TN 37604 211 University Parkway, 1-16, Johnson City, TN 37604

Property Description
Here is an excellent opportunity for an invester or anyone looking for a 1031 Exchange for 16 beautiful patio homes. This property is conveniently located just seconds away from shopping centers, drug store, and Interstate I-26. The patio homes offer fantastic mountain views, manicured landscaping, privacy hedges, very private neighborhood. Rent rolls available upon request. There is a copy of the survey under documents. If your client would like income & expense number's please have them to sign a Confidentiality & Disclaimer Agreement under Documents and return to Brokers email address.

Details
Maps
Location, Tax & Legal Info
Street #: 211
Street Name: University Parkway
Unit #: 1-16
County: Washington
State/Province: TN
Zip Code: 37604
Subdivision: Not In Subdivision
Deed Book #: R-1150
Deed Page #: I- 1711
Parcel ID: 054i-C-002.02
City Taxes: 28273.04
County Taxes: 35137.02
Contract Info
Status: Active
Listing Price: 5830000
Current Price: $5,830,000
List Price/SqFt: 1768.81
Listing Date: 2024-02-18
Buyer Broker: Yes
Buyer Broker Comm: 4
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lot Dimensions: 374.31 x 275.9 IRR.
Acres: 4.32
Zoning: R5
Property Sub-Type: Duplex
# Buildings: 8
# of Units: 16
Total Units: 16
Year Built: 2005
Elementary School: South Side
Middle School: Indian Trail
High School: Science Hill
Home Warranty: No
HOA Y/N: Yes
HOA Fee: 275
Association Fee Frequency: Monthly
Total SqFt: 3296
Remarks & Misc
Public Remarks: Here is an excellent opportunity for an invester or anyone looking for a 1031 Exchange for 16 beautiful patio homes. This property is conveniently located just seconds away from shopping centers, drug store, and Interstate I-26. The patio homes offer fantastic mountain views, manicured landscaping, privacy hedges, very private neighborhood. Rent rolls available upon request. There is a copy of the survey under documents. If your client would like income & expense number's please have them to sign a Confidentiality & Disclaimer Agreement under Documents and return to Brokers email address.
Directions: Take I-26 South to University Exit, turn left onto University Parkway thru the light, turn left into Maple Crest. Units will be on your left. For Sale Signs along iron fence.
Income and Expenses
Vacancy Rate %: 0.13
Unit 1
# Units: 5
# Rooms: 7
# Bedrooms: 3
# Bathrooms: 2
SqFt: 1737
Unit 2
# Units: 11
# Rooms: 6
# Bedrooms: 2
# Bathrooms: 2
SqFt: 1559
Property Features
Property Condition: Above Average
Style: Duplex; Patio Home; Ranch
Exterior Finish: Brick; Stone
Topography/Lot Description: Mountainous; See Remarks
Heating: CHW System; Natural Gas
Water: Public
AC: Central Air
Construction: Site Built
Easements: Rec. Right of Way

Listing Office: Lefemine Commercial Properties, LLC

Last Updated: February - 29 - 2024


The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.

Information deemed reliable but not guaranteed.


Call Now Button