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2637 Highway 11w, Bristol, TN 37620 - $3,425,000

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Bedrooms: 0 Full Bathrooms: 0 Half Bathrooms: 0
Type: Multi-Family Sub Type: Multi-Family MLS Number: 9963901
Living Area: 0 Lot Acreage: 7 Year Built: 1994
Elementary School: Central Heights Middle School: Sullivan Central Middle High School: West Ridge
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.
  • More Listing Info
    AC:Central Airtrue
    Appliances:Rangetrue
    Appliances:Refrigeratortrue
    Construction:Site Built2true
    Contract Info:ForeclosureNo
    Easements:Other7true
    Exterior Finish:Metal Sidingtrue
    Flooring:Laminatetrue
    General Property Description:Acres6.9
    General Property Description:Elementary School3Central Heights
    General Property Description:High School3West Ridge
    General Property Description:HOA YNNo
    General Property Description:Lot Dimensions6.9 Acres
    General Property Description:Middle School2Sullivan Central Middle
    General Property Description:Stories22
    General Property Description:Total Units20
    General Property Description:Zoning2B1
    Heating:Centraltrue
    Location Tax Legal Info:City Taxes0.0
    Location Tax Legal Info:County Taxes699.9
    Parking Features:Parking Spacestrue
    Remarks Misc:Directions3East on I-81 to North on 11W to property on RT.
    Remarks Misc:Public Remarks2This 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.
    Roof:Metal3true
    Showing Instructions:24 Hour Noticetrue
    Style:Townhousetrue
    TopographyLot Description:Clearedtrue
    Unit 1:# Bathrooms51.0
    Unit 1:# Bedrooms32
    Unit 1:# Half Baths1.0
    Unit 1:# Units14
    Unit 2:# Bathrooms41.0
    Unit 2:# Bedrooms42
    Unit 2:# Half Baths21.0
    Unit 2:# Units26
    Unit 3:# Bathrooms31.0
    Unit 3:# Bedrooms52
    Unit 3:# Units36
    Unit 3:Half Baths1.0
    Unit 4:# Units40
    Water:Publictrue
    Videos: (none)
    Virtual Tours: (none)
Listing Courtesy:
SVN, Wood Properties
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