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listing
1 of 19
Multifamily
$10,200,000
106 Reeser Rd
Johnson City, TN 37601
Listed by: SVN I Wood Properties, (865) 210-0228
MLS: Knoxville MLS
Est. Mortgage
$52,751/mo

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.

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Information courtesy of SVN I Wood Properties is subject to verification and is not guaranteed.
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