Description
Buffalo Creek Apartments isa 60-unit value add opportunity located in Johnson City, TN. This property is priced as a finished product but can be bought at a discounted price determined by the phase ofthe renovations.Buffalo Creek Apartments consists of six (10) unit 2 bedroom / 1 bath apartments with a remodeled laundromat space, office building with storage and 8 mini storage units. 5 buildings are townhouse style with 2 bedroom and 1 bath on upper level and kitchen/living area on the main level. The other building consist of single level apartments with 5 units up and 5 units down.Buffalo Creek represents an appealing opportunity to purchase this value-add asset allowing incoming ownership to continuing to renovate existing units, getting rents to market, and generating additional income + equity.
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School Ratings & Info
Description
Buffalo Creek Apartments isa 60-unit value add opportunity located in Johnson City, TN. This property is priced as a finished product but can be bought at a discounted price determined by the phase ofthe renovations.Buffalo Creek Apartments consists of six (10) unit 2 bedroom / 1 bath apartments with a remodeled laundromat space, office building with storage and 8 mini storage units. 5 buildings are townhouse style with 2 bedroom and 1 bath on upper level and kitchen/living area on the main level. The other building consist of single level apartments with 5 units up and 5 units down.Buffalo Creek represents an appealing opportunity to purchase this value-add asset allowing incoming ownership to continuing to renovate existing units, getting rents to market, and generating additional income + equity.
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