Kingsport Residential Development Site
ADDITIONAL REDUCTION! This tract may be the largest developable site near BOTH hospitals and other major employers in Kingsport. The property is most profitably developed with a combination of multi-family phases, for rent and for sale. Sullivan County Planning has recommended this property for rezoning to RP-3. Kingsport's apartment occupancy is reportedly stabilized at 96% with no new 20 unit projects constructed in the past 3 years. Both public water and sanitary sewer services are already at the property. The topography is moderate for this region and consists of rolling timber and cleared areas.
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