2412, 14,16 2412 2414 2416 Bradley Street St - Apartments FOR SALE


Bristol, VA 24201
$549,900 USD
423-491-8335
2412, 14,16 2412 2414 2416 Bradley Street St, Bristol, VA for Sale
$549,900 USD
Apartments - FOR SALE
1/13
null | 8.72% Cap Rate

2412, 14,16 2412 2414 2416 Bradley Street St
Bristol, VA 24201


HIGHLIGHTS

  • NEW Rennovations!
  • Walking Distance to HardRock Casino & Hotel Bristol
  • 3 Separate Homes!
  • Option to Do long term or short term rentals. Could rent by Room and increase Revenue even more!
  • Bristol offers an abundance of outdoor attractions. hiking, boating, world class fishing.
  • Bristol is the Birthplace of Country Music and offers NASCARs Bristol Motor Speedway

OVERVIEW

Prime Multi-Unit Investment Opportunity -Located Across from Hard Rock Casino & Hotel Bristol! Located at 2412, 2414, & 2416 Bradley St., Bristol, VA, this versatile income-producing property features three distinct residences with additional expansion potential, all within walking distance of the Hard Rock Casino & Hotel. Whether you're looking for long-term rentals, short-term Airbnb potential, or a mix of both, this property is an incredible investment in Bristol's rapidly growing market. Property Features: • Bradley #1 - A remodeled 3-bedroom, 1-bath home featuring a living room, dining room, galley kitchen, sunroom, and deck. • Bradley #2 - A leased 1-bedroom, 1-bath home with a living room, dining room, and an additional flex room that could serve as a second bedroom. • Bradley #3 - A brand-new buildout studio apartment featuring 1 bedroom, 1 bath, a living room, a kitchen, and expansive deck for relaxing on those sweet Bristol evenings. • Expansion Potential - There is additional unfinished space with room to build another studio apartment or use for storage. Investment Highlights: • Flexible Income Potential - Bradley #1 and Bradley #3 remain unrented to allow for buyer flexibility. Revenue estimates are based on long-term rental rates, but short-term rentals could significantly boost returns. GRM, CAP, and NOI are based on $4300/mo gross rent, which in this market is average for like properties. • Unbeatable Location - Bradley Street is directly across from the main entrance to Hard Rock Casino & Hotel Bristol, ensuring high visibility and rental demand. Tourism & Attractions - Close to top Bristol destinations, including: • Hard Rock Casino & Hotel • Bristol Motor Speedway • Birthplace of Country Music Museum • Rhythm & Roots Reunion Music Festival • World-class trout fishing, hiking, biking trails, and lakes • Only 90 minutes from Pigeon Forge/Gatlinburg/Dollywood & 2 hours from Knoxville, TN Buyer and Buyer agent to verify all info

FOR SALE DETAILS

PRICE

$549,900 USD

PRICE/SF

$195 USD /SF

# OF UNITS

3

PRICE/UNIT

$183,300

CAP RATE

8.72%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3 MULTI FAMILY RESIDENCES NEARBY HARDROCK

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1951

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.56 AC

LAND SF

24,394 SF

ZONING

R

APN/PARCEL ID

23-8-20-21; 23-8-19D

ASK ABOUT THIS PROPERTY

Denise MyersHurd RealtyMore Info
423-491-8335

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Denise MyersHurd RealtyMore Info
423-491-8335

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.