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2202 S Greenwood Dr Johnson City, TN 37604

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Value-add multifamily portfolio in the Tri-Cities region of Tennessee.

Type:Multifamily
Added:
Apr 3, 2026
Days on Market:
20
Last Refresh:
Apr 3 at 5:09 am

Property Features for 2202 S Greenwood Dr

General Information

Standard status
Active
Property subtype
Multifamily

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Listing Contact
Patrick Cosgrove

Listing agent Patrick Cosgrove License #TN: 341774

Listing office Nashville Office

Listing date Apr 3, 2026

Source Marcusmillichap

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Nashville Office


Overview

Johnson City Multifamily Portfolio

The Johnson City Multifamily Portfolio presents an opportunity to acquire a value-add multifamily portfolio located in the Tri-Cities region of Tennessee. The portfolio consists of 93 units distributed across six well-maintained communities. The properties feature a mix of one- and two-bedroom floor plans. Electricity is predominantly tenant-paid, with selective tenant-paid water, contributing to an efficient operating profile. Recent capital improvements across the portfolio include replacing some of the roofs, interior upgrades as units turn, and exterior enhancements reducing near-term capex while supporting continued rent growth. The portfolio benefits from stable month-to-month tenancy and ongoing renovations, positioning it for immediate cash flow and long-term value appreciation in a growing Johnson City rental market.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Johnson City
County
Washington
State
Tennessee
Longitude
-82.384551
Latitude
36.2962588

FAQs

What type of property is this?
Apartment building - Value-add multifamily portfolio in the Tri-Cities region of Tennessee.
Where is this apartment building located?
The property is located at 2202 S Greenwood Dr Johnson City, TN.
What are key features of this property?
This property features: Value‑add multifamily portfolio in the highly sought‑after Tri‑Cities region of Tennessee.; Diversified mix of 93 units across six well‑maintained communities.; Strong in‑place occupancy, consistent demand, and proven rent performance.
More about this property
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