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$6,120,000
18 Days On Site

893 New Beason Well Rd
Kingsport, TN37660

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
78,524
SqFt
$78
/SqFt
2003
Built
County:
Sullivan County
Call Now: 865-693-7653
Is this the home for you? We can help make it yours.
865-693-7653
893 New Beason Well Rd893 New Beason Well Rd893 New Beason Well Rd893 New Beason Well Rd
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Located in Kingsport, TN, Beason Well was built in 2003 and is comprised of 72 units. This affordable apartment community is 96% occupied and has a unit mix consisting of 2 and 3 bedroom units. Community amenities include on-site maintenance, a playground, breakfast/concierge area, and a picnic area. Each unit has washer / dryer hookups. Current average effective rent figures are at a 15% deficit of what could be collected if max rents were being charged. This property is part of a 148 unit, three property LIHTC portfolio being sold in East Tennessee.

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Listing Snapshot
Price 
$6,120,000
Days On Site 
18 Days
Bedrooms 
N/A
Inside Area (SqFt) 
78,524 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
2003
MLS® Number 
1292219
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
3 weeks agoListing updated with changes from the MLS®
3 weeks agoListing first seen on site
General Features
Property Sub Type 
Multi Family
SqFt Total 
78524
Interior Features
Cooling 
Central Air
Flooring 
LaminateVinyl
Heating 
Central
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Exterior Features
Construction Details 
Brick
Community Features
Financing Terms Available 
CashConventional
MLS Area 
Sullivan County
Listing courtesy of Cohl Morgan of SVN I Wood Properties

Copyright © 2025 Knoxville Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.

Neighborhood & Commute
Source: Walkscore
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