Bristol Multifamily for Sale - Bristol City County
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.
Investment Highlights:
• Flexible Income Potential - Bradley #1 and Bradley #3 are rented to allow for buyer flexibility. Bradley #2 is taking applications now. Revenue estimates are based on long-term rental rates, but short-term rentals could significantly boost returns. GRM, CAP, and NOI are based on $3592/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
