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908 Chadwick Dr
Kingsport, TN 37660
Chadwick Derwood Apartments · Multifamily Property For Sale
·
25 Units
Investment Highlights
- Rents are currently $232 below market rate
- Opportunity for new ownership to bill back $25-$50/month for water
- Buildings built on a slab
- Tranbarger, Derwood, 908, and 912 Chadwick on a single water meter. 945 and 948 Chadwick each unit is metered separately for water.
- copper wiring and plumbing
- Current owner will install new steel doors and new metal roofs to buildings 908 and 912
Property Facts
| No. Units | 25 | Lot Size | 1.75 AC |
| Property Type | Multifamily | Building Size | 19,065 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1972 |
| Building Class | C |
| No. Units | 25 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 1.75 AC |
| Building Size | 19,065 SF |
| No. Stories | 2 |
| Year Built | 1972 |
Amenities
Unit Amenities
- Dishwasher
- Kitchen
- High Speed Internet Access
- Carpet
- Dining Room
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Playground
- Walking/Biking Trails
- Maintenance on site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 20 | $502.50 | 636 |
| 3+1.5 | 5 | $840.00 | 1,269 |
Property Taxes
| Parcel Numbers | Improvements Assessment | $403,680 | |
| Land Assessment | $50,480 | Total Assessment | $454,160 |
Property Taxes
Parcel Numbers
Land Assessment
$50,480
Improvements Assessment
$403,680
Total Assessment
$454,160
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