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2805 W Walnut St
Johnson City, TN 37604
Villager Apartments · Multifamily Property For Sale · 22 Units
PROPERTY FACTS
| No. Units | 22 | Building Size | 13,440 SF |
| Property Type | Multifamily | Average Occupancy | 91% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low Rise | Year Built | 1967 |
| Building Class | B | Parking Ratio | 0.46/1,000 SF |
| Lot Size | 1.10 AC |
| No. Units | 22 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | B |
| Lot Size | 1.10 AC |
| Building Size | 13,440 SF |
| Average Occupancy | 91% |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 0.46/1,000 SF |
Unit Amenities
- Kitchen
About 2805 W Walnut St , Johnson City, TN 37604
22-Unit apartment complex in prime location within 5 minutes of Johnson City Medical Center and downtown Johnson City. Building 1 has ten units all of which are 1-bedroom units. Building 2 has twelve units which include two studios and ten 2-bedroom unit. Since acquisition, seven of the units have been fully upgraded with modern flooring, kitchen cabinetry and appliances. Brand new roof placed in one of the buildings in 2018. Currently, 20 units out of 22 are occupied and brings in monthly rent of $8500. The two studio units have been gutted for modern renovations as well. Plenty of room for rent growth north of $10,000. Don't miss out on this fantastic opportunity to own these great properties in this fast-growing community at under $37,000 per door. 24 Hour notice for all showings and listing agent and/or property manager must accompany all showings. **All information deemed reliable but guaranteed. Buyer/Buyer's Agent to verify all information within.**
PROPERTY TAXES
| Parcel Number | 053M-B-003.00 | Improvements Assessment | $416,000 |
| Land Assessment | $32,160 | Total Assessment | $448,160 |
PROPERTY TAXES
zoning
| Zoning Code | Commercial |
| Commercial |
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