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2637 Highway 11W

Bristol, TN 37620
  • $3,495,000
  • STATUS: Active
  • ON SITE: 19 Days
  • ID#: 1257480
UPDATED: 240 min ago
$3,495,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1989
County:
Area:

School Ratings & Info

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 East Tennessee REALTORS®. 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. Some or all of the listings displayed may not belong to Key Mountain Realty, LLC. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Mountain Realty, LLC. Data last updated: 2024-04-18T22:46:00.607.
www.homesinthesmokymountains.com/homes/149018386
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2637 Highway 11W Bristol, TN 37620

  • Price: $3,495,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 240 min ago
  • ID#: 1257480
0
Beds
0
Baths
0
½ Baths
N/A
Acres
1989
Built
County:
Sullivan
Area:
Bristol
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

Attached Garage YN No Garage Parking On Premise Parking Yes Parking Features On Premise Parking Roof Metal Yes

Interior Features

Appliances Refrigerator Cooling Central Cooling Flooring LaminateCarpet Heating CentralOther

Property Features

Auction YN No Construction Materials Vinyl SidingFrame Listing Terms CashConventional New Financing Cash Yes New Financing Conventional Yes Property Status N/A Property Sub Type Apartment Yes Type Of Unit Two Bedroom Yes

Listing information © 2024 East Tennessee REALTORS®.
Listing provided courtesy of SVN I Wood Properties: .


© 2024 East Tennessee REALTORS®. 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. Some or all of the listings displayed may not belong to Key Mountain Realty, LLC. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Mountain Realty, LLC. Data last updated: 2024-04-18T22:46:00.607.
 
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Key Mountain Realty, LLC
626 Dolly Parton Pkwy
Sevierville TN, 37862