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For sale
  • $6,120,000

    893 New Beason Well Rd, Kingsport, TN 37660

    --beds
    0baths
    78,524sqft
    : 
    Multi Family
    Built in 2003
    -- sqft lot
    $-- Zestimate®
    $78/sqft
    $-- HOA

    What's special

    Located in Kingsport, TN, Beason Well was built in 2003 and is comprised of 72 units. This affordable apartment community is 96% occupied and has a unit mix consisting of 2 and 3 bedroom units. Community amenities include on-site maintenance, a playground, breakfast/concierge area, and a picnic area. Each unit has washer / dryer hookups. Current average effective rent figures are at a 15% deficit of what could be collected if max rents were being charged. This property is part of a 148 unit, three property LIHTC portfolio being sold in East Tennessee.
    47 days
    on Zillow
    |
    271
    |
    12
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 10, 2025 at 11:33am

    Listed by:

    Cohl Morgan 865-603-9887,

    SVN I Wood Properties 865-637-7777

    Source: East Tennessee Realtors,MLS#: 1292219MLS Logo
    Travel times

    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 893 New Beason Well Rd.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Heating
    • Central
    Cooling
    • Central Air
    Features
    • Flooring: Laminate, Vinyl
    Interior area
    • Total structure area: 78,524
    • Total interior livable area: 78,524 sqft

    Property

    Parking
    • Parking features: On Premise Parking
    Details
    • Parcel number: 031040.50

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Materials
    • Brick
    Condition
    • Year built: 2003

    Community & HOA

    Location
    • Region: Kingsport

    Financial & listing details

    • Price per square foot: $78/sqft
    • Date on market: 3/10/2025
    • Listing terms: New Loan,Cash,Conventional
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