Brand New Construction Multi-Family Investment Property - 12 Fully Leased Units in Morristown, TN
Introducing an outstanding investment opportunity with three newly built 4-unit apartment buildings in the thriving market of Morristown, Tennessee. Completed in 2024, this brand new construction multi-family asset features 12 spacious, tenant-occupied units offering immediate income and long-term growth potential.
Each unit boasts a well-designed 3-bedroom, 2-bathroom floor plan with 1,054 square feet of living space, offering modern interiors, open layouts, and durable finishes. Every building includes one ADA-compliant, handicap-accessible unit, enhancing accessibility and broadening tenant appeal.
Property Highlights:
- Total of 12 units (3 buildings with 4 units each)
- Each unit: 3 bedrooms / 2 bathrooms / 1,054 sq. ft.
- One handicap-accessible unit per building (3 total)
- Fully leased - stabilized with immediate rental income
- Completed in 2024 - low-maintenance, turnkey investment
- Located in a strong rental market with continued growth
Pro forma available upon request. Whether you're a seasoned investor or entering the multifamily space, this property offers a unique chance to own high-quality, newly constructed units with strong occupancy in a desirable location.
Seize this opportunity to add a stable, income-producing asset to your portfolio in one of East Tennessee's most promising rental markets.
Information contained in this listing is deemed reliable. Buyer to independently verify and perform due diligence to confirm information is accurate.
Property Features
Cooling Information
Central Air
Ceiling Fan(s)
Heating Information
Central
Electric
House Interior
Pantry
Utilities
Cable Available
Parking
On Site
Listing Courtesy: Prime Mountain Properties - 865-453-4049