NOT LISTED FOR SALE

1337 Konnarock Rd Kingsport, TN 37664

-- Bed
-- Bath
-- Sq Ft
1.5 Acres

Last Sold October 10, 2014

Last sale price $1,897,000

553 Days on Market

Highlights

  • Fireplace
  • Cooling Available
  • Carpet
  • Andrew Johnson Elementary School Rated A
  • Landscaped
  • Heat Pump System

About This Home

As of October 2014

EXECUTIVE & CORPORATE APARTMENT COMMUNITY FOR SALE! This 42 Unit Apartment Community is located in Kingsport, TN. It features Corporate Housing, Furnished Apartments, Temporary Housing, Short Term Apartment Rentals, Unfurnished Apartments and Extended Stay Suites. These UNIQUE 1 & 2 bedroom apartments feature fully equipped kitchens, queen beds, wireless internet, cable, on-site laundry facility, pet friendly, ample parking, patios, some creek side views, plus many more features too numerous to mention. They are close to shopping, medical and restaurants. The community consists of 3 different properties located close together. Property generates extraordinary Income and has an upside for potential business with the medical, industrial, and recreation and educational facilities in the region. Owner will also sell one of the properties separately-6 Unit townhouse building with long term tenants. Sellers VERY MOTIVATED due to other business interests.

Last Agent to Sell the Property

John Moody

Blue Ridge Properties Listed on: 02/11/2013

Last Buyer's Agent

John Moody

Blue Ridge Properties Listed on: 02/11/2013

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1999

Lot Details

  • 1.5 Acre Lot
  • Landscaped
  • Property is in good condition

Home Design

  • Brick Exterior Construction
  • Composition Roof
  • Vinyl Siding

Interior Spaces

  • 2-Story Property
  • Fireplace
  • Insulated Windows

Kitchen

  • Electric Range
  • Dishwasher
  • Laminate Countertops

Flooring

  • Carpet
  • Laminate

Schools

  • Jefferson Elementary School
  • Robinson Middle School
  • Dobyns Bennett High School

Utilities

  • Cooling Available
  • Heat Pump System

Community Details

  • 5 Buildings

Listing and Financial Details

  • Assessor Parcel Number 061M B 041

Property Details

Home Type

Multi-Family

Year Built

Built in 1999

Lot Details

0

Listing Details

  • Directions: Ft. Henry Dr. to Rt on Warpath, Property on left at beginning of Konnarock.
  • Prop. Type: Residential Income
  • Year Built: 1999
  • Property Sub Type: Multi-Family
  • Reso Association Amenities: Landscaping
  • Unit Levels: Two
  • New Construction: No
  • Location Tax Legal Info Parcel ID: 061M B 041
  • Contract Info Foreclosure: No
  • Contract Info Short Sale: No
  • Contract Info Auction: No
  • General Property Description Acres: 1.5
  • General Property Description Zoning2: R3
  • General Property Description Elementary School3: Jefferson
  • General Property Description Middle School2: Robinson
  • General Property Description High School3: Dobyns Bennett
  • Property Condition Above Average: Yes
  • Water Public: Yes
  • Sewer Public Sewer: Yes
  • General Property Description Lot Dimensions: 1.5acres
  • Appliances Refrigerators: Yes
  • AC Heat Pump3: Yes
  • General Property Description Stories2: 2
  • Roof Composition: Yes
  • Flooring Carpet: Yes
  • Flooring Laminate: Yes
  • General Property Description # Buildings: 5
  • Levels:Two: Yes
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Electric Range, Refrigerator, Other, See Remarks
  • Has Basement: Other, See Remarks
  • Flooring: Carpet, Laminate
  • Interior Amenities: Laminate Counters, Other, See Remarks
  • Window Features: Insulated Windows
  • Fireplace Features: Other, See Remarks
  • Appliances Dishwasher: Yes
  • Interior Features:Laminate Counters: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Other2: Yes
  • Interior Features:Other19: Yes
  • BasementFoundation:Other25: Yes

Exterior Features

  • Property Condition: Above Average
  • Roof: Composition
  • Lot Features: See Remarks, Other
  • Exterior Features: Other, See Remarks
  • Acres: 1.5
  • Construction Type: Brick, Vinyl Siding
  • Foundation Details: Other, See Remarks
  • Patio And Porch Features: Other, See Remarks
  • Exterior Finish Brick4: Yes
  • Exterior Finish Vinyl Siding: Yes
  • Window Features:Insulated Windows: Yes
  • Exterior Features:See Remarks23: Yes

Garage/Parking

  • Parking Features: Asphalt, None
  • Attached Garage: No
  • Parking Features:Asphalt2: Yes

Utilities

  • Heating: Heat Pump, Electric
  • Sewer: Public Sewer
  • Cooling: Heat Pump
  • Cooling Y N: Yes
  • HeatingYN: Yes
  • Water Source: Public
  • Heating:Heat Pump2: Yes
  • Heating:Electric: Yes

Association/Amenities

  • AmenitiesLandscaping: Yes

Schools

  • Elementary School: Jefferson
  • High School: Dobyns Bennett
  • Middle Or Junior School: Robinson

Lot Info

  • Zoning: R3
  • Lot Dimensions: 1.5acres
  • Lot Size Sq Ft: 65340.0
  • ResoLotSizeUnits: Acres
  • Parcel #: 061M B 041
  • ResoLotSizeUnits: Acres

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/10/2014 10/10/14 Sold $1,897,000 -15.5% --
08/19/2014 08/19/14 Pending -- -- --
02/11/2013 02/11/13 For Sale $2,245,000 -- --
Source: Tennessee/Virginia Regional MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Tennessee/Virginia Regional MLS

MLS Number: 329541

Tennessee/Virginia Regional MLS