For Sale
$5,250,000

405 Christian Church Rd Johnson City, TN 37615

42-Unit Apartment Complex, Excellent Investment

Overview

Added:
Dec 11, 2024
Days on market:
136
This exceptional 42-unit apartment complex, Copper Ridge, presents a lucrative investment opportunity in Johnson City, Tennessee. Built in 2005 and situated on a 3.26-acre lot, this property is zoned R-4. The complex comprises a mix of one-bedroom units

Highlights

  • 42-unit apartment complex in Johnson City, TN.
  • Built in 2005 on a 3.26-acre R-4 zoned lot.
  • Unit mix: 6 one-bedroom units at $825/month, 36 one-bedroom units with garages at $875/month.
  • Well-maintained property with significant capital improvements; ready for immediate income generation.
  • Rent rolls available; financial statements not provided.
  • Seller owns three additional apartment complexes also for sale.

Property Details for 405 Christian Church Rd

Property type
Apartment buildings
Year Built
2005
Lot Size (sq. ft)
142,006 SF
Units
42

Location Insight

City
Johnson City
County
Washington
State
Tennessee
Latitude
36.368925615931
Longitude
-82.42409849046

FAQs

What type of property is this?
Apartment building - 42-Unit Apartment Complex, Excellent Investment
Where is the apartment building located?
The property is located at 405 Christian Church Rd Johnson City, TN.
What is the asking price?
The asking price for this property is $5,250,000.
What are key features of this property?
This property features: 42-unit apartment complex in Johnson City, TN.; Built in 2005 on a 3.26-acre R-4 zoned lot.; Unit mix: 6 one-bedroom units at $825/month, 36 one-bedroom units with garages at $875/month.
How can I contact the broker?
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405 Christian Church Rd
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