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$10,200,000
93 Days Online

106 Reeser Rd
Johnson City, TN37601

For Sale|Multi-Family|Active
County:
Washington
Call Now: 865-693-7653
Is this the home for you? We can help make it yours.
865-693-7653
106 Reeser Rd106 Reeser Rd106 Reeser Rd106 Reeser Rd
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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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Listing Snapshot
Price 
$10,200,000
Days Online 
93 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
N/A
Year Built 
1998
MLS Number 
1225848
Status 
Active
Property Tax 
$16,859
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
2 weeks agoListing updated with changes from the MLS
2 weeks agoStatus changed to Active
4 weeks agoStatus changed to Pending - Continue to Show - Inspection
3 months agoListing first seen online
General Features
Construction 
Frame - Brick
Garage & Parking 
On Premise Parking
Interior Features
Other Rooms 
Other
Heating 
Central
Fuel 
Other Fuel
Floors 
LaminateOther
Cooling 
Central Cooling
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Listing courtesy of SVN I Wood Properties

Copyright © 2023 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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