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    Multifamily Portfolio in Tri-Cities Region Title is generated by Realmo AI

    1920 Bowater Dr, Kingsport, TN 37660

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    197-unit multifamily portfolio in Bristol and Kingsport, Tennessee.

    Type:Multifamily
    Added:
    Mar 6, 2026
    Days on Market:
    87
    Last Refresh:
    Apr 6 at 12:31 am

    Property Features for 1920 Bowater Dr

    General Information

    Standard status
    Active
    Property subtype
    Multifamily

    Building Details

    Year Built
    1971

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    Listing Contact
    Jon Roosen
    Jon Roosen

    Listing agent Jon Roosen License #366234

    Listing office SVN | Wood Properties

    Listing date Mar 6, 2026

    Source Svn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of SVN | Wood Properties

    HighLights

    • 197‑unit multifamily portfolio in Bristol and Kingsport, Tennessee.
    • Strategically located in the Tri‑Cities region with a diverse and resilient economic base.
    • Close proximity to the Hard Rock Hotel & Casino Bristol, a major regional attraction.
    • Strong tenant base supported by major employers like Ballad Health and Eastman Chemical Company.
    • Portfolio consists of Bridgewater Retreat (100 units) and Bristol Square Apartments (97 units).
    • Mix of 1, 2, and 3‑bedroom units with competitive average rents.

    Overview

    This offering presents the opportunity to acquire a 197-unit multifamily portfolio, consisting of Bristol Square and Bridgewater Retreat, located in Bristol and Kingsport, Tennessee. The portfolio is strategically positioned in the Tri-Cities region of Northeast Tennessee, an area with nearly 600,000 residents. The region has a diverse economic base anchored by Ballad Health, Eastman Chemical Company, East Tennessee State University, KVAT Food Stores, and VA Mountain Home Healthcare. The Tri-Cities region is also a hub for tourism and entertainment, anchored by Bristol Motor Speedway, the Tri-Cities Airport, and the Hard Rock Hotel & Casino Bristol. Bridgewater Retreat, built in 1971, comprises 100 units at 1920 Bowater Dr, Kingsport, TN 37660, with a unit mix of 40 one-bedroom/one-bathroom units (average rent $930), 50 two-bedroom/one-bathroom units (average rent $1,020), and 10 three-bedroom/one-bathroom units (average rent $1,144). Bristol Square Apartments, built in 1969, consists of 97 units at 104 Stafford St, Bristol, TN 37630, featuring 8 one-bedroom/one-bathroom units (average rent $975), 73 two-bedroom/one-bathroom units (average rent $1,054), and 16 three-bedroom/one-bathroom units (average rent $1,156). The Hard Rock, located across State Street from Bristol Square, includes 303 hotel rooms, over 1,500 slots, 75 table games, multiple dining venues, and a 2,000-seat entertainment space.
    Property Profile Location Intelligence

    Current Use by Public Records

    Kingsport Manor Apartments Apartment Building Bridgewater Retreat Apartments Apartment Complex ATM (Sunshine Mart) Atm Speedway Inn Hotel & Motel

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Daycare Center Gym & Fitness Center Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Kingsport
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.5208
    Latitude
    36.5513

    FAQs

    What type of property is this?
    Apartment building - 197-unit multifamily portfolio in Bristol and Kingsport, Tennessee.
    Where is this apartment building located?
    The property is located at 1920 Bowater Dr Kingsport, TN.
    What are key features of this property?
    This property features: 197‑unit multifamily portfolio in Bristol and Kingsport, Tennessee.; Strategically located in the Tri‑Cities region with a diverse and resilient economic base.; Close proximity to the Hard Rock Hotel & Casino Bristol, a major regional attraction.
    More about this property
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