80 Jones Rd, Erwin, TN 37650

$3,950,000
Property Type: Multi-Family Square Footage: 31,433 Status: Pending - Continue to Show
Current Price: $3,950,000 List Date: 6/20/2025 Last Modified: 9/04/2025

Description

Presenting Liberty Estates Apartments located at 80 Jones Road, Erwin, TN 37650. The property is located within 15 minutes of Downtown Johnson City and East Tennessee State University. This 45-unit multifamily property consists of eighteen 2 bed / 1.5 bath units, seventeen 1 bed / 1 bath units, nine 2 bed / 1 bath units, and one 3 bed / 2 bath unit. Fifteen units have washer / dryer hookups, while the remaining units have access to the on-sire laundry room. In addition, tenants pay all their utilities.

More Information MLS# 1303984

Location, Tax & Legal Info

Area: Unicoi County City/County Code: City Limits Total Tax: 21850.61

Contract Info

Auction Y/N: No Listing Price: 3950000 Current Price: $3,950,000 Status: Pending - Continue to Show Listing Date: 2025-06-09

General Property Description

Lot Dimensions: n/a Utilities/Mo Avg: 1110 Property Status: N/A Driveway: Paved SqFt - Total (Aprox): 31433 Number of Units: 45 Year Built: 1991

Remarks & Misc

Directions: S Main to left on Love St., right on Carolina Ave, right on Jones Rd, property approx. 1/4 mi on the right. Public Remarks: Presenting Liberty Estates Apartments located at 80 Jones Road, Erwin, TN 37650. The property is located within 15 minutes of Downtown Johnson City and East Tennessee State University. This 45-unit multifamily property consists of eighteen 2 bed / 1.5 bath units, seventeen 1 bed / 1 bath units, nine 2 bed / 1 bath units, and one 3 bed / 2 bath unit. Fifteen units have washer / dryer hookups, while the remaining units have access to the on-sire laundry room. In addition, tenants pay all their utilities.

Property Sub-Type

Apartment: 1

Construction

Frame - Brick: 1

Type of Units

1 Bedroom Unit: 1 2 Bedroom Unit: 1 3 or more Bdrm Units: 1

Sale Includes

Building and Land: 1

Miscellaneous

Coin Laundry: 1 Washer/Dryer Cnctns: 1

Cooling

Central Cooling: 1

Floors

Laminate: 1 Vinyl: 1

Garage/Parking

On Premise Parking: 1

Fuel

Other Fuel: 1

Heat

Central: 1

Other Rooms

Other: 1

Roof

Shingle: 1

New Financing

Cash: 1 Conventional: 1 New Loan: 1

Showing

See Agent Instructns: 1

Location Tax Legal Info

House #: 80 Street Name: Jones St Suffix: Rd State/Province: TN Zip Code: 37650 PIN #: 031G A 039.00 Geo Lat: 36.133814 Geo Lon: -82.424737

Status Change Info

Status Change Date: 2025-08-12 Under Contract Date: 2025-08-12

Property Features

Property Sub-Type: Apartment Type of Units: 1 Bedroom Unit; 2 Bedroom Unit; 3 or more Bdrm Units Sale Includes: Building and Land Floors: Laminate; Vinyl Fuel: Other Fuel Heat: Central Cooling: Central Cooling Construction: Frame - Brick Roof: Shingle Other Rooms: Other Miscellaneous: Coin Laundry; Washer/Dryer Cnctns New Financing: Cash; Conventional; New Loan Showing: See Agent Instructns
Listing Office: SVN I Wood Properties
Office Phone: 865-936-9999
Last Updated: September - 04 - 2025
80 Jones Rd, Erwin, TN 37650- MLS# 1303984
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