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1484 Milligan Hwy
Johnson City, TN 37601
West Haven Apartments · Immeuble residentiel Bien À vendre
·
24 Lots
Certaines informations ont été traduites automatiquement.
Informations principales sur l'investissement
- Strong occupancy supported by consistent leasing demand and multiple recent move-ins
- Recent capital expenditures consist of new signage, unit renovations, and replacing the roof (2025)
- Slab construction with copper and PVC water lines
- In the past 36-months current ownership has spent $104,164 in capital expenditures
- All units include washer and dryer connections with many units already containing machines
- Copper wiring used throughout the property
Résumé analytique
Link to Deal Room and Financials: https://www.marcusmillichap.com/properties/302624/west-haven-apartments
Marcus & Millichap has been selected to exclusively market for sale the West Haven Apartments. This offering provides investors with a rare opportunity to acquire a value-add multifamily property in the highly sought-after Tri-Cities region of Tennessee.
West Haven Apartments is a 24 unit multifamily asset in Johnson City offering stable in place cash flow supported by strong occupancy and steady leasing demand. Ownership has invested over $100,000 in recent capital improvements, including a new roof, unit renovations, and exterior upgrades, reducing near term capital requirements. All units feature tenant paid utilities, driving efficient operations and expense control. Consistent unit upgrades and in unit washer and dryer hookups support tenant retention while providing a clear path for continued rent growth.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of the West Haven Apartments.
Marcus & Millichap has been selected to exclusively market for sale the West Haven Apartments. This offering provides investors with a rare opportunity to acquire a value-add multifamily property in the highly sought-after Tri-Cities region of Tennessee.
West Haven Apartments is a 24 unit multifamily asset in Johnson City offering stable in place cash flow supported by strong occupancy and steady leasing demand. Ownership has invested over $100,000 in recent capital improvements, including a new roof, unit renovations, and exterior upgrades, reducing near term capital requirements. All units feature tenant paid utilities, driving efficient operations and expense control. Consistent unit upgrades and in unit washer and dryer hookups support tenant retention while providing a clear path for continued rent growth.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of the West Haven Apartments.
Informations sur l’immeuble
| Prix par lot | 77 034 € | Style d’appartement | Avec jardin |
| Type de vente | Investissement | Classe d’immeuble | C |
| Taux de capitalisation | 6,38 % | Surface du lot | 0,81 ha |
| Nb de lots | 24 | Surface de l’immeuble | 1 873 m² |
| Type de bien | Immeuble residentiel | Nb d’étages | 2 |
| Sous-type de bien | Appartement | Année de construction | 1993 |
| Prix par lot | 77 034 € |
| Type de vente | Investissement |
| Taux de capitalisation | 6,38 % |
| Nb de lots | 24 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | Avec jardin |
| Classe d’immeuble | C |
| Surface du lot | 0,81 ha |
| Surface de l’immeuble | 1 873 m² |
| Nb d’étages | 2 |
| Année de construction | 1993 |
Caractéristiques
Caractéristiques du lot
- Climatisation
- Chauffage
- Cuisine
- Réfrigérateur
- Four
- Baignoire/Douche
Caractéristiques du site
- Accès 24 h/24
- Property Manager sur place
- Sentiers pédestres et cyclables
- Transports en commun
- Détecteur de fumée
Lot informations sur la combinaison
| Description | Nb de lots | Moy. loyer/mois | m² |
|---|---|---|---|
| 2+1 | 24 | - | 78 |
Taxes foncières
| N° de parcelle | Évaluation des aménagements | 188 458 € | |
| Évaluation du terrain | 31 482 € | Évaluation totale | 219 940 € |
Taxes foncières
N° de parcelle
Évaluation du terrain
31 482 €
Évaluation des aménagements
188 458 €
Évaluation totale
219 940 €
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