2805 Walnut ST Johnson City, TN 37604

22-Unit apartment complex in prime location within 5 minutes of Johnson City Medical Center and downtown Johnson City. Since acquisition, over $600K in building upgrades have been completed by certified contractors. This apartment complex has two buildings. One building has ten units all of which are 1-bedroom units. The second building has twelve units which include two studios and ten 2-bedroom units. Almost all of the units have been fully upgraded with new flooring, HVAC units, modern bathroom, kitchen cabinetry and appliances. Both buildings have a new roof. Parking lot has been resurfaced recently. Currently, the apartment complex has 100% occupancy (all 22 units out of 22 units are occupied) and brings in monthly rent of $11,785. Still plenty of room for rent growth up to $16,000 per month. Don't miss out on this fantastic opportunity to own a high cash-flow, high occupancy apartment complex in this fast-growing community. 24 Hour notice for all showings and listing agent and/or property manager must accompany all showings. **All information deemed reliable but not guaranteed. Buyer/Buyer's Agent to verify all information within.**