15589 Lee Highway

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Address: 15589 Lee Hwy, Bristol, VA 24202, USA
Created date: February 4, 2025
Date last updated: February 4, 2025

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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $5,395,000
No. of Units: 60
Year Built: 1962
Opportunity Zone: No
Price per unit: $89,917
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 15589 Lee Highway, Bristol, VA 24202, USA
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