Downtown Kingsport Opportunity Zone Portfolio

Discover Unparalleled Investment Opportunity in the Heart of Downtown Kingsport! With a market poised for expansion, investors can capitalize on Kingsport growth, amenities, and investment in revitalization. Downtown Kingsport offers a “blank slate for a full revitalization”, with properties having open layouts perfect for historic preservation and luxury revitalization. Investors have the opportunity to renovate and rent out the property at a very attractive cap rate or convert the building into condos and sell them individually as there is a limited supply of renovated condos in the area. The existing buildings possess excellent architectural detail and iconic architectural aesthetic & integrity, exemplifying a Bygone Era, with features like eye-popping historical exterior details including exposed beams and brick walls, original hardwood floors, and original pressed tin ceiling throughout, providing a strong foundation for unique developments.Located within a designated Opportunity Zone, this investment offers potential significant tax benefits and growth opportunities for longterm investors. Opportunity Zone investments are open to a wide range of investors, but the most active participants are those with significant capital gains and the ability to hold investments long-term to maximize tax benefits, as an attractive alternative to a 1031 Exchange. Secure a rare value with this portfolio, featuring 12 properties available to buy for less than you can build it new. Adaptive reuse is a significant strategy for investors seeking reasonable acquisition points to hedge against volatile construction costs and other economic uncertainties. Benefit from a value-add investment within an Opportunity Zone (OZ), offering an excellent alternative to a 1031 exchange.