About 106 Reeser Rd
Buffalo Creek Apartments isa 60-unit value add opportunity located in Johnson City, TN. This property is priced as a finished product but can be bought at a discounted price determined by the phase ofthe renovations.Buffalo Creek Apartments consists of six (10) unit 2 bedroom / 1 bath apartments with a remodeled laundromat space, office building with storage and 8 mini storage units. 5 buildings are townhouse style with 2 bedroom and 1 bath on upper level and kitchen/living area on the main level. The other building consist of single level apartments with 5 units up and 5 units down.Buffalo Creek represents an appealing opportunity to purchase this value-add asset allowing incoming ownership to continuing to renovate existing units, getting rents to market, and generating additional income + equity.
Features of 106 Reeser Rd
| MLS® # | 1225848 |
|---|---|
| Price | $10,200,000 |
| Year Built | 1998 |
| Type | Multi-Family |
| Sub-Type | Apartment |
| Status | Active |
Community Information
| Address | 106 Reeser Rd |
|---|---|
| Area | Washington County |
| City | Johnson City |
| State | TN |
| Zip Code | 37601 |
Amenities
| Parking | On Premise Parking |
|---|---|
| Has Pool | No |
Interior
| Heating | Central |
|---|---|
| Cooling | Central Cooling |
Exterior
| Construction | Frame - Brick |
|---|
Additional Information
| Foreclosure | No |
|---|---|
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | SVN I Wood Properties |
|---|