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    402 College St Bruceton, TN 38317

    For Sale
    $70,000

    Six-unit manufactured home park, high potential.

    Property size:
    6,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional mixed-use investment property, located at 402 College St, Bruceton, TN, presents a unique opportunity for savvy investors. The 0.47-acre lot encompasses a grandfathered manufactured home park featuring six dwellings, offering immediate income potential and significant upside. Currently, two units are generating rental income, providing a solid foundation for future growth. The remaining four units require some renovation and attention, presenting a chance to increase profitability through upgrades and improved occupancy. The property boasts a substantial 6,000 square feet of total space, spread across the six units. This presents a versatile investment opportunity, whether you're seeking to expand your existing portfolio with a proven income stream or looking for a property with significant rental income potential. The property's location in Bruceton, TN, offers a stable market with potential for growth. This is a rare chance to acquire a well-positioned mixed-use property with immediate income and substantial long-term potential. Don't miss this chance to secure a valuable asset in a thriving community. The asking price is $70,000.

    Property Features for 402 College St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    6,000 SF
    Lot Size
    20,473 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Restaurant Hair Salon Building Supply Auto Repair Shop Pharmacy Wholesale Shop Auto Parts Store Bar & Pub Department Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Bruceton
    County
    Carroll County, TN
    State
    Tennessee
    Longitude
    -88.24955
    Latitude
    36.03573

    Nearby Comparable

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      Prime TN Hunting Farm - 100 Acres

      Secluded hunting paradise, riverfront acreage.
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    • $58,000
      6.52 Acres

      Wooded Land with Creek Frontage

      6.52 acres of wooded land with creek and privacy.
      Pond Branch Rd, Buena Vista, TN 38318
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    Nearby Similar for Sale

    • Contact for pricing
      2,000 SF

      Historic Bruceton Commercial Building

      Downtown Bruceton Mixed-Use Opportunity
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      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Six-unit manufactured home park, high potential.
    Where is this mixed-use property located?
    The property is located at 402 College St Bruceton, TN.
    What is the asking price?
    The asking price for this property is $70,000.
    (731) 584-0731
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    402 College St Bruceton, TN 38317
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    Bruceton, TN 38317
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    402 College St Bruceton, TN 38317
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