29 Units - Kingsport, TN

This portfolio is located in Kingsport, TN which is anchored by major employers including Eastman Chemical Company and Ballad Health, providing a strong and stable employment base. The area offers convenient access to a range of retail, dining, and recreational amenities, along with proximity to the Tri-Cities region, supporting continued residential demand.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.