24-Unit Multifamily Apartment
1484 Milligan Hwy Johnson City, TN 37601
1484 Milligan Hwy, Johnson City, TN, 37601
$2,110,000
For Sale
$2,110,000
Value-add multifamily asset with 24 units, tenant-paid utilities, and recent exterior and unit improvements.
Days on Market52
Property Features for 1484 Milligan Hwy
General Information
- Standard status
- Active
- Property subtype
- Multifamily
Listing agency
Nashville Office
(615) 997-2853
Listed by
Patrick Cosgrove · License #License(s): TN: 341774
(615) 997-2853
Source
Marcusmillichap
Added: Jun 1 Updated: Jul 20 at 5:57PM Checked: Jul 21 at 2:59AM
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Investment Insights
Based on property information with market context.
West Haven Apartments is a 24-unit multifamily apartment building with tenant-paid utilities designed to support efficient day-to-day operations. The property has benefited from over $100,000 in recent capital improvements, including a new roof, unit renovations, and exterior upgrades. In-unit washer and dryer hookups are available, and consistent unit upgrades are in place to support ongoing leasing and tenant retention.
The offering is located at 1484 Milligan Hwy in Johnson City, Tennessee, within the Tri-Cities region. The property is presented as a value-add opportunity for investors seeking a multifamily asset with in-place cash flow supported by strong occupancy and steady leasing demand, per the seller.
Offers are to be presented as a non-binding Letter of Intent outlining key terms and conditions, including purchase price, due diligence and closing time frame, earnest money deposit, debt/equity structure, and qualification to close. The purchase terms require all cash to be paid at closing, and the sale process instructs that tenants or staff should not be contacted.
The offering is located at 1484 Milligan Hwy in Johnson City, Tennessee, within the Tri-Cities region. The property is presented as a value-add opportunity for investors seeking a multifamily asset with in-place cash flow supported by strong occupancy and steady leasing demand, per the seller.
Offers are to be presented as a non-binding Letter of Intent outlining key terms and conditions, including purchase price, due diligence and closing time frame, earnest money deposit, debt/equity structure, and qualification to close. The purchase terms require all cash to be paid at closing, and the sale process instructs that tenants or staff should not be contacted.
Key Highlights
- 24‑unit multifamily asset in Johnson City (West Haven Apartments)
- Stable in‑place cash flow supported by strong occupancy and steady leasing demand
- Ownership invested over $100,000 in recent capital improvements, including a new roof and exterior upgrades
Property Analytics
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Value-add multifamily asset with 24 units, tenant-paid utilities, and recent exterior and unit improvements.
Where is this apartment building located?
The property is located at 1484 Milligan Hwy Johnson City, TN.
What is the asking price?
The asking price for this property is $2,110,000.
What are key features of this property?
This property features: 24‑unit multifamily asset in Johnson City (West Haven Apartments); Stable in‑place cash flow supported by strong occupancy and steady leasing demand; Ownership invested over $100,000 in recent capital improvements, including a new roof and exterior upgrades
