30 Unit Meticulously maintained apartments in the heart of Johnson City. All brick 1 bedroom 1 bath 3-unit complex with high potential for rent increases. Same owner since 2015. The owner has done a lot of capital improvements & prides himself in maintaining a very good product. These units are ready for a new investor to take over & start making money. Owner not providing T12 or P&L. Seller has a total of 4 apartment complexes for sale.
Excellent visibility from State of Franklin Road. Centrally located in Johnson City. New hotel being built across the street, new Food City and multiple restaurants within a short walk. Approximately .5-acre lot on Indian Ridge with +/-900sf warehouse and has two drive in doors. Traffic counts on State of Franklin Rd are about 32,000.
The median home value in Johnson City, TN is $233,400. This is lower than the county median home value of $249,400. The national median home value is $338,100. The average price of homes sold in Johnson City, TN is $233,400. Approximately 45.45% of Johnson City homes are owned, compared to 45.44% rented, while 9.1% are vacant. Johnson City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Johnson City real estate agent to arrange a tour today!
Johnson City, Tennessee 37604 has a population of 69,521. Johnson City 37604 is more family-centric than the surrounding county with 26.43% of the households containing married families with children. The county average for households married with children is 25.98%.
The median household income in Johnson City, Tennessee 37604 is $47,242. The median household income for the surrounding county is $52,503 compared to the national median of $69,021. The median age of people living in Johnson City 37604 is 35.3 years.
The average high temperature in July is 85.5 degrees, with an average low temperature in January of 25.5 degrees. The average rainfall is approximately 43.7 inches per year, with 10.9 inches of snow per year.