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$6,120,000
24 Days On Site
893 New Beason Well RdKingsport, TN 37660
For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
78,524
SqFt
$78
/SqFt
2003
Built
County:
Sullivan County
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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.
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Listing Snapshot
Price
$6,120,000
Days On Site
24 Days
Bedrooms
N/A
Inside Area (SqFt)
78,524 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
N/A
Year Built
2003
MLS® Number
1292219
Status
Active
Property Tax
N/A
HOA/Condo/Coop Fees
N/A
Sq Ft Source
N/A
Friends & Family
Recent Activity
| 3 weeks ago | Listing updated with changes from the MLS® | |
| 3 weeks ago | Listing first seen on site |
General Features
Property Sub Type
Multi Family
SqFt Total
78524
Interior Features
Cooling
Central Air
Flooring
LaminateVinyl
Heating
Central
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Exterior Features
Construction Details
Brick
Community Features
Financing Terms Available
CashConventional
MLS Area
Sullivan County
Listing courtesy of Cohl Morgan of SVN I Wood Properties
Copyright © 2025 Knoxville Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.
Copyright © 2025 Knoxville Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
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