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Informations principales sur l'investissement
- 11-Unit Stabilized Multifamily Asset
- Unit Mix: 1 × 3BR / 2BA, 4 × 1BR / 1BA. 6 × 2BR / 1BA
- Turnkey Operations with Minimal Near-Term CapEx
- Fully Renovated – Approx. $250k+ in CapEx Completed
- Electrical Separately Metered
- Opportunity for Future Rent Growth
Résumé analytique
SVN | Accel Commercial Real Estate is pleased to present Magnolia Ridge Apartments, an 11-unit multifamily investment opportunity located at 1433 Stratford Road in Kingsport, Tennessee. This fully renovated and stabilized asset offers immediate in-place cash flow with continued upside through future rent growth in a market experiencing strong demand and limited multifamily inventory.
Magnolia Ridge features a balanced unit mix of:
(1) 3BR / 2BA
(4) 1BR / 1BA
(6) 2BR / 1BA
All units are separately metered for electricity, with water and trash billed back to tenants, providing operational efficiency and expense recovery. Ownership has invested approximately $250,000+ in capital improvements, delivering a true turnkey opportunity. Renovations include new flooring, fixtures, appliances, interior and exterior paint, upgraded electrical and plumbing systems, water heater replacements, windows, patio doors, pavement improvements, enhanced site lighting, security cameras, gutter guards, and full bathroom upgrades.
With major capital improvements completed and the asset stabilized, Magnolia Ridge presents investors with a low-maintenance opportunity featuring durable cash flow and embedded rental upside in a supply-constrained Tri-Cities market.
Magnolia Ridge features a balanced unit mix of:
(1) 3BR / 2BA
(4) 1BR / 1BA
(6) 2BR / 1BA
All units are separately metered for electricity, with water and trash billed back to tenants, providing operational efficiency and expense recovery. Ownership has invested approximately $250,000+ in capital improvements, delivering a true turnkey opportunity. Renovations include new flooring, fixtures, appliances, interior and exterior paint, upgraded electrical and plumbing systems, water heater replacements, windows, patio doors, pavement improvements, enhanced site lighting, security cameras, gutter guards, and full bathroom upgrades.
With major capital improvements completed and the asset stabilized, Magnolia Ridge presents investors with a low-maintenance opportunity featuring durable cash flow and embedded rental upside in a supply-constrained Tri-Cities market.
Informations sur l’immeuble
| Prix | 1 078 587 € | Classe d’immeuble | C |
| Prix par lot | 98 053 € | Surface du lot | 0,18 ha |
| Type de vente | Investissement | Surface de l’immeuble | 1 087 m² |
| Nb de lots | 11 | Occupation moyenne | 100% |
| Type de bien | Immeuble residentiel | Nb d’étages | 2 |
| Sous-type de bien | Appartement | Année de construction/rénovation | 1971/2025 |
| Style d’appartement | De faible hauteur | ||
| Zonage | R3 | ||
| Prix | 1 078 587 € |
| Prix par lot | 98 053 € |
| Type de vente | Investissement |
| Nb de lots | 11 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,18 ha |
| Surface de l’immeuble | 1 087 m² |
| Occupation moyenne | 100% |
| Nb d’étages | 2 |
| Année de construction/rénovation | 1971/2025 |
| Zonage | R3 |
Caractéristiques
- Détecteur de fumée
Caractéristiques du lot
- Climatisation
- Système de sécurité
- Cuisine
Caractéristiques du site
- Laverie
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 6 | - | - |
| 3+2 | 1 | - | - |
1 1
Somewhat walkable
30/100
Very drivable
80/100
Limited public transit
30/100
Somewhat bikeable
20/100
Taxes foncières
| Numéro de parcelle | 062P-G-010.00 | Évaluation des aménagements | 260 518 € |
| Évaluation du terrain | 10 009 € | Évaluation totale | 270 527 € |
Taxes foncières
Numéro de parcelle
062P-G-010.00
Évaluation du terrain
10 009 €
Évaluation des aménagements
260 518 €
Évaluation totale
270 527 €
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Vidéos
Visite extérieure 3D Matterport
Visite 3D
Photos
Street view
Rue
Carte
1 sur 1
Présenté par
1433 Stratford Rd
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