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 |
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Price | $10,200,000 |
Year Built | 1998 |
Type | Multi-Family |
Sub-Type | Apartment |
Status | Active |
Community Information
Address | 106 Reeser Rd |
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Area | Washington County |
City | Johnson City |
State | TN |
Zip Code | 37601 |
Amenities
Parking | On Premise Parking |
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Has Pool | No |
Interior
Heating | Central |
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Cooling | Central Cooling |
Exterior
Construction | Frame - Brick |
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Additional Information
Foreclosure | No |
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Short Sale | No |
RE / Bank Owned | No |
Listing Details
Office | SVN I Wood Properties |
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