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2637 Highway 11W

Bristol, TN 37620
  • $3,495,000
  • STATUS: Active
  • ON SITE: 14 Days
  • MLS #: 9963901
$3,495,000
  • 0
    BEDS
  • 6.9
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1994
County:

School Information

Elementary School:
Middle School:
High School:

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.

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© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-04-04T00:00:00.233.
www.house2homesearch.com/homes/149079923
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2637 Highway 11W Bristol, TN 37620

  • Price: $3,495,000
  • Status: Active
  • On Site: 14 Days
  • MLS #: 9963901
0
Beds
0
Baths
0
½ Baths
6.9
Acres
1994
Built
County:
Sullivan
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.
Exterior Features

Architectural Style Townhouse Attached Garage YN No Construction Materials Metal Siding Parking Features Parking Spaces Roof Metal

Interior Features

Appliances RangeRefrigerator Building Area Total 0 Cooling Central Air Flooring Laminate Heating Central Heating YN Yes

Property Features

Construction Site Built Yes Contract Info Auction No Contract Info Foreclosure No Contract Info Short Sale No Cooling YN Yes Documents Available [] Listing Terms CashConventional Property Sub Type Multi-Family Water Source Public Zoning B1

Listing information © 2024 Tennessee/Virginia Regional MLS.
Listing provided courtesy of Kevin Tipton of SVN, Wood Properties: 865-936-9999.



© 2024 Tennessee/Virginia Regional Multiple Listing Service. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS. Data last updated: 2024-04-04T00:00:00.233.
 
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Bridge Pointe Real Estate
504 E Jackson Blvd
Jonesborough TN, 37659