924 Maryland Ave | Bristol, TN 37620
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- LoopNet Team
924 Maryland Ave
Bristol, TN 37620
Gorgeous Multi-Fam Asset by Downtown Bristol · Multifamily Property For Sale · 1 Unit
Investment Highlights
- Chance to acquire a beautiful and well-maintained multi-family building with 8 units near the heart of downtown Bristol, TN and Bristol, VA.
- Positioned less than 0.5 miles from King University & 1.6 miles from the vibrant downtown area with its unique shops, art galleries, & dining options.
- Bristol has strong demand generators including the brand-new Hard Rock Hotel & Casino, Birthplace of Country Music Museum, and Bristol Motor Speedway.
- Property is leased to 7 full-time tenants and 1 unit is regularly rented out as an Airbnb, with extra value-add through developing the 1.2 acres.
- Located just off a retail corridor that features recognizable tenants such as CVS and Food City.
- Property has close proximity to primary thoroughfares including Route 421, Route 11E, and more.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 11,000 SF |
| No. Units | 1 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built/Renovated | 1926/2016 |
| Building Class | C | Parking Ratio | 0.73/1,000 SF |
| Lot Size | 2.10 AC |
| Sale Conditions | Auction Sale |
| No. Units | 1 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 2.10 AC |
| Building Size | 11,000 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 1926/2016 |
| Parking Ratio | 0.73/1,000 SF |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Microwave
- Heating
- Security System
- Ceiling Fans
- Tub/Shower
- Carpet
Site Amenities
- Controlled Access
- Grill
- Guest Apartment
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 021G-C-046.00 | Improvements Assessment | $138,880 |
| Land Assessment | $24,240 | Total Assessment | $163,120 |
PROPERTY TAXES
Parcel Number
021G-C-046.00
Land Assessment
$24,240
Improvements Assessment
$138,880
Total Assessment
$163,120
zoning
| Zoning Code | Mixed use (Adaptive reuse approved by the city) |
| Mixed use (Adaptive reuse approved by the city) |
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