Multifamily (Multi-Family)

2637 Highway 11w , Bristol, TN 37620

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Map & Directions

Townhouse Stories: 2

FOR SALE

Price: $3,425,000 List Date: 2024-04-01 DOM: 116
City Tax: $0 County Tax: $700

Year Built: 1994

Total Area: 0 ft² (Finished & Unfinished)

Lot Size: 6.90 acre(s) Lot Dimensions: 6.9 Acres Topography: Cleared

Heating: Central Cooling: Central Air Water & Sewage: Public

Appliances: Range, Refrigerator

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.