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15589 Lee Hwy
Bristol, VA 24202

$4,400,000 USD

Apartments For Sale • 122,680 SF

Property Details

Property Type Apartments
Total Building Size 122,680 SF
Lot Size 2.92 AC
Building Class C
Year Built 1962
Zoning B2 BUSINES

0 Transit Score

20 Walk Score

                
                    Highlights
                
                                Recently renovated 61-unit workforce housing asset with upside through operational improvements and stabilization.
                            
                                Current ownership has spent $1,252,812 on capital improvements in the past 36 months.
                            
                                All 60 units were fully renovated in 2024.
                            
                                HVACs consist of Electric PTAC units (All Replaced in 2024).
                            
                                Opportunity for new ownership to bill back $20-25 for water and electricity.

Amenities

24 Hour Access
Air Conditioning
Dishwasher
Microwave
Property Manager on Site
Storage Space
Tenant Controlled HVAC
Washer/Dryer
Heating
Walking/Biking Trails
Kitchen
Refrigerator
Oven
Tub/Shower
Freezer
Smoke Detector

Public Transportation

Airport	Drive	Walk	Distance
Tri-Cities	40 min	-	24.6 mi

Patrick Cosgrove 615-973-5373 Marcus & Millichap

15589 Lee Hwy Bristol, VA 24202

$4,400,000 USD

Property Details

Highlights

Amenities

Public Transportation

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15589 Lee Hwy
Bristol, VA 24202