12 Units - Johnson City, TN

Johnson City, TN serves as the economic and healthcare hub of Northeast Tennessee, supported by a diverse and growing employment base. Major employers include Ballad Health and Johnson City Medical Center, which anchor the region’s strong healthcare sector. The city is also home to East Tennessee State University, a major driver of education, research, and workforce development throughout the Tri-Cities region. Combined with a strong quality of life and continued economic investment, Johnson City continues to attract residents, businesses, and new development to the area.PWA Properties is pleased to present this 12-unit apartment community located in Johnson City, TN. The property consists of ten 2-bedroom / 1-bath units and two 1-bedroom / 1-bath units. Significant capital improvements have been completed over the past five years, including a new roof, updated HVAC systems, electrical panels, and plumbing upgrades. Additionally, all but two units have been fully renovated, creating a strong value-add opportunity through the completion of the remaining unit renovations. Ideally positioned less than two miles from East Tennessee State University and Johnson City Medical Center, the property benefits from proximity to two of the area’s largest employment and demand drivers. Its central location also provides convenient access to major retail, dining, and transportation corridors.