Property Description

Listing Status

• More Listing Info

  AC:Heat Pump3	true
  Appliances:Range	true
  Appliances:Refrigerator	true
  Contract Info:Foreclosure	No
  Easements:See Remarks18	true
  Exterior Finish:Brick4	true
  Exterior Finish:Vinyl Siding	true
  Flooring:Carpet	true
  Flooring:Vinyl	true
  General Property Description:# Buildings	4
  General Property Description:# Fireplaces	0.0
  General Property Description:Acres	1.58
  General Property Description:Elementary School3	Van Pelt
  General Property Description:High School3	Virginia
  General Property Description:HOA YN	No
  General Property Description:Lot Dimensions	1.58
  General Property Description:Middle School2	Virginia
  General Property Description:Stories2	2
  General Property Description:Total Units	20
  General Property Description:Zoning2	R
  Heating:Heat Pump2	true
  Info Available:ProfitLoss Statement	true
  Info Available:Rental Rolls	true
  Levels:Two	true
  Location Tax Legal Info:City Taxes	1488.0
  Location Tax Legal Info:County Taxes	0.0
  Parking Features:Asphalt2	true
  Parking Features:Gravel	true
  Property Condition:Average	true
  Remarks Misc:Directions3	From I-81, take Exit 7 toward Bristol. Turn onto Bonham Road and continue for approximately 1.5 miles. The property, 1740 Bonham Road, will be on your right. Look for the multi-building apartment complex.
  Remarks Misc:Public Remarks7	Exceptional opportunity to acquire a 20-unit multifamily portfolio consisting of four separate apartment buildings, each with its own 911 address. Each building contains five apartment units, offering a diverse mix of spacious two-bedroom floor plans. 1678 Bonham Road 5 units 2 bedrooms 1.5 baths each 1698 Bonham Road - 5 units: 2 bedrooms 1.5 baths each 1716 Bonham Road: 5 units: 2 bedrooms 1.5 baths each 1740 Bonham Road: 5 units 2 bedrooms / 1 bath each The property is currently operating as a rental, making it an attractive option for investors looking to expand their portfolio or step into a stabilized multi-unit asset. Several units have been updated, providing a mix of existing improvements alongside opportunity for continued value-add through future renovations and rent optimization. Conveniently situated near shopping, dining, schools, and major roadways, this location supports consistent rental demand. With multiple buildings on one site, the layout allows for manageable operations and long-term investment potential. Whether you're a seasoned investor or looking for your next multi-family acquisition, this property offers scale, location, and upside. Prime Bristol Location - Approximate Drive Times (Pending Traffic Conditions) Approximately 10± minutes to the Hard Rock Hotel & Casino Bristol Approximately 10± minutes to The Pinnacle, offering premier shopping, dining, and entertainment Approximately 20± minutes to Bristol Motor Speedway Approximately 2-4± minutes to a variety of restaurants, retail stores, and everyday conveniences located near Exit 7 Approximately 2± minutes to Food City Approximately 12± minutes to Bristol Regional Medical Center Location Advantages: Ideally positioned with convenient access to major employers, healthcare facilities, shopping, dining, entertainment, and Interstate 81. This central Bristol location offers residents easy access to many of the area's most desirable destinations while maintaining a neighborhood setting. ** All drive times are approximate and may vary based on traffic conditions, route selection, and time of day. Buyer to verify unit count, square footage, updates, rental income, expenses, and all information deemed important.
  Roof:Shingle	true
  Sewer:Public Sewer	true
  Structure Type:Multi Family	true
  Style:Townhouse2	true
  TopographyLot Description:Level2	true
  Unit 1:# Bathrooms5	1.0
  Unit 1:# Bedrooms3	2
  Unit 1:# Half Baths	1.0
  Unit 1:# Units	5
  Unit 2:# Bathrooms4	1.0
  Unit 2:# Bedrooms4	2
  Unit 2:# Half Baths2	1.0
  Unit 2:# Units2	5
  Unit 3:# Bathrooms3	1.0
  Unit 3:# Bedrooms5	2
  Unit 3:# Units3	5
  Unit 3:Half Baths	1.0
  Unit 4:# Bathrooms2	1.0
  Unit 4:# Bedrooms6	1
  Unit 4:# Units4	5
  Water:Public	true
  Window Features:Insulated Windows	true
  Videos:	(none)
  Virtual Tours:	(none)

Listing Courtesy: