2637 Highway 11W, Bristol, TN 37620

$3,425,000
List Price
$3,425,000
Price Change
▼ $70,000 1715113073
MLS#
1257480
Status
ACTIVE
Type
Multifamily
City
Bristol
County
Sullivan
Year Built
1989

Property Description

This is a 20 unit townhome project consisting of 2 bed, 1.5 bath units. There have been MANY updates, the units are 100% occupied., and there is still plenty of room for increase in the rents as units are turned. There is also a 2 bed, 2 bath single family home with a large detached garage, and an income producing billboard on the property as well. Totaling nearly 7 acres, there is potential here for more multifamily development as there is a lack of quality rental units in the area. The property is located just minutes from Downtown Bristol, the Pinnacle Shopping Center, Bristol Motor Speedway, Bristol Medical Center, Bristol Casino, and I-81.

Additional Information

Appliances
Refrigerator
Construction
Vinyl Siding, Frame
Cooling
Central Cooling
Floors
Laminate, Carpet
Garage
On Premise Parking
Lot Dimensions
6.9 Acres
Year Built
1989

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of SVN I Wood Properties.

Agent: Kevin G. Tipton |

Office: SVN I Wood Properties |