1778 Fort Henry Drive, Kingsport, TN 37664

THE SUITES AT FORT HENRY | EXISTING INCOME, UNIT EXPANSION  ownership currently pays utilities. The owner's stabilized pro forma for the existing 19-unit configuration indicates $247,824 in annual gross potential rent  the detached residence occupies a separate approximately 0.26-acre parcel identified as R-3 Low Density Apartment. The assemblage provides approximately 100 feet of Fort Henry Drive frontage, 180 feet of Memorial Court frontage, approximately 35 parking spaces, & public water, sewer, & electricity. Consider the possibilities: continue & improve the existing rental operation, complete additional units in phases, position furnished accommodations for contractors & traveling professionals, retain the residence for rental or management housing, or evaluate its separate sale. The commercial parcels also warrant investigation for a broader redevelopment strategy. The OM identifies hotel/motel, retail, restaurant, office, & other commercial uses within the reported B-3 district, subject to current zoning verification, site requirements, licensing, & governmental approvals. KINGSPORT CORRIDOR LOCATION. Located 0.3 mile from the Fort Henry Drive & Memorial Boulevard intersection, the property offers proximity to Fort Henry Mall, shopping, dining, Eastman's Kingsport campus, & area hospitals. This setting supports consideration of both housing-oriented operations & alternative commercial uses, with the opportunity to align future improvements with surrounding corridor activity. Conveying addresses include 1778 Fort Henry Drive, 2145 Memorial Court, and 2147 Memorial Court. Property tax amounts are combined for all four of the parcels. Tours by appointment. Buyer/Buyer Agent to verify.