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Investment Highlights

  • Fully occupied six-unit mixed-use investment opportunity.
  • Immediate cash flow with 100% occupancy in place.
  • Multiple tenants help reduce reliance on a single income source.
  • Three residential apartments and three commercial suites provide diversified income streams.
  • Convenient Kingsport location with access to major commercial corridors.
  • Opportunity for long-term investment in an established business district.

Executive Summary

Position your portfolio for long-term success with this fully occupied six-unit mixed-use investment opportunity in the heart of Kingsport,
Tennessee. Located at 105 Brookfield Drive, this income-producing property offers a balanced blend of three commercial suites and three residential
apartments, providing investors with diversified cash flow and reduced reliance on any single tenant or industry. With all six units currently leased, the
property delivers immediate income from day one while offering the stability many investors seek in today's market. The commercial component consists of
approximately 1,850 square feet divided into three suites of approximately 400, 600, and 850 square feet. The residential component features three fully
occupied apartments on the lower level, creating six separate income streams within a single investment. The current gross scheduled rental income is
approximately $47,940 annually, making this an attractive opportunity for investors seeking an established, income-producing asset rather than a lease-up
project. Convenient street level parking for commercial clients & customers. The property has benefited from significant capital improvements, including a
roof that is approximately six years old, helping minimize near-term capital expenditures for a future owner. Its diversified tenant mix, established occupancy,
and proven rental history provide a strong foundation for both experienced investors and those looking to expand their commercial real estate portfolio.
Conveniently located in an established commercial corridor of Kingsport, the property offers excellent accessibility to East Stone Drive, Interstate 26, John B.
Dennis Highway, and the greater Tri-Cities region. Its location provides convenience for both commercial tenants and residential occupants while positioning
the property within one of Northeast Tennessee's most established business markets. Whether you're completing a 1031 exchange, expanding your
investment portfolio, or searching for a stabilized mixed-use asset with immediate cash flow, 105 Brookfield Drive presents a compelling opportunity to
acquire a fully leased property with multiple income streams, strong occupancy, and long-term investment potential in the growing Kingsport market.

Property Facts

Price $605,506 CAD
Price Per Unit $100,918 CAD
Sale Type Investment
Cap Rate 11.15%
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.35 AC
Building Size 1,850 SF
No. Stories 2
Year Built 1970
Zoning B3 - Highway-Oriented Business
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
107P-A-017.00
Land Assessment
$7,674 CAD
Improvements Assessment
$133,847 CAD
Total Assessment
$141,521 CAD
  • Listing ID: 41360500

  • Date on Market: 2026-07-20

  • Last Updated:

  • Address: 105 Brookfield Dr, Kingsport, TN 37663

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