730 Sir Echo Drive, Kingsport, TN 37663

Property Description

730 Sir Echo Drive is a 10-unit townhome community located in Kingsport, Tennessee, within the Tri-Cities MSA--one of East Tennessee's most stable and steadily growing rental markets. The property consists of ten two-bedroom, one-and-a-half-bath townhomes, each offering 950 square feet of living space, and presents investors with a rare opportunity to acquire a well-maintained, income-producing asset in a supply-constrained submarket. Built with brick construction on all four sides, the property has been systematically updated by ownership. Recent capital improvements include a new roof, updated gutters, fresh asphalt paving and striped parking areas, and new water heaters throughout. Each unit is equipped with washer and dryer hookups, replacement low-maintenance windows, individual HVAC systems, and covered front entryways with storm doors. Select units offer full-length covered back porches. Common area amenities include an on-site laundry facility with commercial coin-operated machines and a dedicated tenant storage facility with lockable closets for each unit--a meaningful differentiator at this price point. With Kingsport supported by a diverse economic base anchored in healthcare, manufacturing, and education, the property benefits from consistent rental demand and long-term market stability. Limited new townhome supply and strong occupancy among comparable properties make 730 Sir Echo Drive a compelling opportunity to acquire a turnkey asset with durable cash flow in the Tri-Cities region.