Northeast Tennessee Opportunity Zone 12 Properties Offered at $18,370,308 CAD in Kingsport, TN

Located within a designated Opportunity Zone this unparalleled Investment Opportunity in the Heart of the Southeast! With an emerging market poised for expansion, investors can capitalize on Kingsport growth, amenities, and invest in revitalization. Investors have the opportunity to renovate and or lease up the properties at a very attractive cap rate or convert the building into condos and sell them individually. There is a limited supply of renovated condos in the area. The existing buildings possess an iconic architectural aesthetic & integrity, exemplifying a Bygone Era. Features include eye-popping historical exterior details such as original pressed tin ceilings, exposed brick walls, and high ceilings, providing a strong foundation for unique developments.
This investment offers potentially significant tax benefits and growth opportunities for long-term 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.