Investment Overview
PWA Properties is pleased to present a 29-unit multifamily portfolio in Kingsport, Tennessee. The portfolio consists of seven buildings with a unit mix of twelve 3 bed / 1.5 bath units, twelve 1 bed / 1 bath units, four 2 bed / 1 bath units, and one 3 bed / 2 bath unit. The property is currently 93% occupied, with only two vacancies, and is located approximately five minutes from downtown Kingsport. The portfolio offers stable in-place income with value-add potential through continued improvements and rent growth.
Investment Highlights
- 29 Unit Portfolio
- Value Add Properties
- High Occupancy