TN
Sullivan County
Kingsport
37660
893 New Beason Well Rd
893 New Beason Well Rd, Kingsport, TN 37660
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Listing Type
Multi Family
Listing Status
active
12
$6,120,000

Home Details for 893 New Beason Well Rd

Price
$6,120,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
2003
County
Sullivan County
Garage
Days on site
268
MLS Listing#
1292219
Property Description

Located in Kingsport, TN, Beason Well was built in 2003 and is comprised of 72 units. This affordable apartment community is 96% occupied and has a unit mix consisting of 2 and 3 bedroom units. Community amenities include on-site maintenance, a playground, breakfast/concierge area, and a picnic area. Each unit has washer / dryer hookups. Current average effective rent figures are at a 15% deficit of what could be collected if max rents were being charged. This property is part of a 148 unit, three property LIHTC portfolio being sold in East Tennessee.

Property Features
  • Cooling Information
    • Central Air
  • Heating Information
    • Central
Listing Courtesy: SVN I Wood Properties - 865-637-7777
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Median Listing Price
Median Days on Site
Median Square Feet
Market statistics compiled from data from East Tennessee Realtors.
EXIT REALTY OF THE SMOKIES
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