Kingsport, TN 37660 · Sullivan County
86 days on market · MLS# 1335857
Home Facts
—
Beds
—
Baths
17,766
Sqft
—
Lot
About This Property
Presenting a 25-unit multifamily portfolio in Kingsport, Tennessee. The portfolio is currently 100% occupied and consists of six buildings with a unit mix of twenty 1 bed /1 bath units and five 3 bed / 1.5 bath units. Located approximately five minutes from downtown Kingsport, the property offers stable in-place income with value-add potential through future improvements and rent growth. This portfolio is located in Kingsport, TN which is anchored by major employers including Eastman Chemical Company and Ballad Health, providing a strong and stable employment base. The area offers convenient access to a range of retail, dining, and recreational amenities, along with proximity to the Tri-Cities region, supporting continued residential demand. Sale includes: 908 Chadwick Drive, 912 Chadwick Drive, 945 Chadwick Drive, 948 Chadwick Drive, 1000 Derwood Court, 1005 Tranbarger Drive
Property Details
Construction
brick
Heating
baseboard, other
Cooling
window unit(s), other
Flooring
carpet, vinyl
Exterior
balcony
Parking
on premise parking, off street
Market Snapshot
30-Yr Fixed Rate
6.43%
National avg · FRED / Freddie Mac
Est. Monthly Payment
$7,756
20% down · 30-yr fixed · principal & interest only
Location
908 Chadwick Drive, Kingsport, TN 37660
Kingsport, TN 37660
36.56860, -82.57120
$87 per sqft
Schools
School information isn’t available for this listing right now.
Walkability
27
Walk
Car-Dependent
13
Transit
Minimal Transit
10
Bike
Minimal Biking Infrastructure