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423-968-7653
Apple Realty and Auction
Multifamily

1500 Bell Ridge Rd, Johnson City, TN 37601

2 Story
FOR SALE
Price: $1,500,000  List Date: 2017-12-01  DOM:  13
City Tax: $8,491 County Tax: $10,806Expenses Include: Electric, Property Insurance, Water/SewerUtilities Expenses: $37,536
Year Built: 1980 
Lot Size: 5.2 acre(s)Lot Dimensions: 5.2 acresTopography: Sloping
Heating: BaseboardCooling: Wall UnitWater & Sewage: Sewer-Public, Water-Public
Appliances: Range-Electric, Refrigerator

Description

***Agents please call 952-2600 for appointments*** A great investment property with return on investment! Rare find, 41 units all 1 bedroom with good track record. Priced at 1,500,000. Returns at 11.58% cap. rate which is strong in any market. Buildings are brick exterior with architectural shingle roofs. Listing Agent is also owner. Contact listing Agent directly with all inquiries. Listing Agent is also owner.

Community Information

Geographical
Area: SE Johnson City
County: Washington-tn
Subdivision:
Zoning: RS
School System
Boones Creek Elementary
Boones Creek Middle
Science Hill High

Interior

Flooring: Carpet, Vinyl  Other Features: Cable Available, Counters-Laminate 

Exterior

Porch, Patio, Decking Detail:  Breezeway Roof: Architect Shingle Exterior Finish: Brick Garage: Parking Spaces Other Exterior: Driveway-Asphalt

Photos

Listing by Crye-leike Realtors
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