Property Description:
All brick units built in 2006, located in the county. Current rents are $350/unit however seller is raising rents to $395. Currently 21 units are at new rate. All 1 bedrooms and no washer and dryer hookups. Site has more room to build at least 6 more units on property. SELLER WANTS OFFER. POTENTIAL TO RAISE RENTS, HALF THE SITE IS ALREADY AT INCREASED RENTS. SELLER WILL CONTINUE TO MANAGE FOR 4% OF GROSS AND HOLD A SECOND NOTE.

Location Description:
From Johnson City take hwy 67 or milligan hwy to left on Cedar Grove Rd follow it to Banks then turn left onto banks. Apartments are on right. No sign on site.