15589 Lee HWY Active Save Request In-Person Tour Request Virtual Tour
Bristol,VA 24202
Key Details
Property Type Multi-Family
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 9975744
Style Other
HOA Y/N No
Year Built 1962
Lot Size 2.920 Acres
Acres 2.92
Property Sub-Type Multi Family
Source Tennessee/Virginia Regional MLS
Property Description
Exclusively presenting 15589 Lee Highway in Bristol, VA. This property has been completely renovated and is ready to cashflow! Formally a motel, this conversion now provides 60 studio style units that are located just off I-81. Located minutes from the new Amazon off of Exit #7, and less that 15 minutes to the new Hard Rock Casino. Great investment in a fast growing market.
Bristol, located in southwestern Virginia, is part of the region known as the Tri-Cities, which includes Bristol, Kingsport, and Johnson City. This property is a short drive from several local schools, major retailers, and restaurants. Additionally, the property is a 10 minute drive from the newly constructed Hard Rock Casino and is also near Bristol Motor Speedway. With easy interstate access, tenants will be able to quickly travel throughout the Tri-Cities.
Location
State VA
County Washington
Area 2.92
Zoning C
Direction Follow I-81 N, exit 10 from I-81 N Drive to US-11 N/US-19 N
Interior
Heating Other
Cooling Other
Flooring Laminate
Appliance Convection Oven,Cooktop,Microwave,Refrigerator
Heat Source Other
Exterior
Parking Features Concrete
Topography Level
Building
Story 2
Entry Level Two
Sewer Public Sewer
Water Public
Architectural Style Other
Level or Stories 2
Structure Type Block,Brick
Schools
Elementary Schools High Point
Middle Schools Wallace
High Schools John S. Battle
Others
Senior Community No
Tax ID 143a4-A-7
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional