$4,520,000
Johnson City, TN 37615
MLS# 9973123
Status: Closed

1 / 8
Property Description
40 units total. 6 1 bedroom, no garage. 14 1 bedroom, with garage. 8 2 bedroom, no garage. 12 large 2 bedroom, no garage. The owner has done a lot of capital improvements & prides himself in maintaining a very good product. These units are ready for a new investor to take over & start making money. Owner not providing T12 or P&L. Will provide rent rolls. Seller has a total of 4 apartment complexes for sale.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 012 094.00
Deed Book #: R459
Deed Page #: I2323
City Taxes: 0
County Taxes: 15220.28
Contract Info
Foreclosure: No
Short Sale: No
Auction: No
Status: Closed
Listing Price: 5000000
Current Price: $4,520,000
Listing Date: 2024-11-05
General Property Description
Lot Dimensions: 2.44
Acres: 2.44
Zoning: R-3 A
Elementary School: Gray
Middle School: Gray
Total Units: 40
High School: Daniel Boone
HOA Y/N: No
Property Sub-Type: Multi Family
Year Built: 2003
Remarks & Misc
Directions: From I-26 take exit 13 toward Gray onto TN-75. Turn right onto Old Gray Station Rd, property on the right.
Exterior Finish
Vinyl Siding: 1
Unit 1
# Units: 7
Unit 2
# Units: 7
Style
See Remarks: 1
Unit 3
# Units: 8
Unit 4
# Units: 6
Heating
Central: 1
AC
Central Air: 1
Water
Public: 1
Topography/Lot Description
Rolling Slope: 1
Easements
See Remarks: 1
Structure Type
Multi Family: 1
Location Tax Legal Info
Street #: 346
Street Name: Old Gray Station
St Suffix: Road
County: Washington
State/Province: TN
Zip Code: 37615
Status Change Info
Date Pending: 2024-11-29
Sold Date: 2025-03-24
Sold Price: $4,520,000
Property Features
Style: See Remarks
Exterior Finish: Vinyl Siding
Heating: Central
Water: Public
AC: Central Air
Structure Type: Multi Family
Easements: See Remarks
Listing Office: The Brokers Realty & Auction
Last Updated: March - 27 - 2025
Information deemed reliable but not guaranteed.