Downtown Kingsport Opportunity Zone Portfolio

A clear indicator of the city's magnetic appeal to businesses and residents, Kingsport, has 641 families from 46 states relocated to Kingsport in the past year, averaging 3 arrivals per workday making it East Tennessee's most dynamic economic hub of exceptional growth momentum and market resilience. Kingsport is among the region's tightest markets with a supply-demand imbalance reflecting strong underlying economic fundamentals and growth potential. Strategic advantages include a rich industrial heritage dating to the early 1900s, anchored by major employers like Mead Paper. The enduring significance as a commercial center—from its origins as the highest navigable river port on the Holston River in the 1840s to its planned development as a "Model City" in 1917. This unique combination of historical industrial foundation, contemporary growth metrics, and strategic location positions Kingsport as an exceptional opportunity for commercial real estate investment and business development in the Southeast. Downtown Kingsport is poised for growth with it’s existing lifestyle amenities, and investment in urban renewal. Unlike highly restrictive municipalities, Downtown is a collaborative partner lending itself to the creativity and vision for a “blank slate for a full revitalization”. Many of the properties in this portfolio have open layouts perfect for historic preservation and upscale lofts.Opportunity Zone investments appeal to 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. This is a rare investment characteristic to have a portfolio, featuring 12 properties available to buy for substantially less than new construction with an adaptive reuse strategy to hedge against volatile construction costs and other economic uncertainties.