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    11 House Portfolio Bristol Tn Bristol, TN 37620

    For Sale
    $1,980,198

    11-Property Portfolio, High Potential

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional investment opportunity presents a portfolio of eleven properties in Bristol, TN, totaling 1.62 acres. The portfolio includes a mix of residential properties located near downtown Bristol, offering immediate income potential. Many units are currently rented on a month-to-month basis or occupied by families, providing a steady cash flow. A key condition of sale requires all existing leases to remain in place for 90 days post-closing, or be renegotiated with current tenants thereafter. This allows for a smooth transition and provides time for due diligence. The properties are offered exclusively as a package deal. Specific addresses include: 731, 727, 719, 713, and 723 Southside Avenue

    Property Features for 11 House Portfolio Bristol Tn

    General Information

    Property type
    Other commercial real estate
    Lot Size
    70,567 SF

    Building Details

    Year Built
    1977
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Bristol
    County
    Sullivan
    State
    Tennessee
    Longitude
    -82.27535
    Latitude
    36.55888

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    FAQs

    What type of property is this?
    Commercial real estate - 11-Property Portfolio, High Potential
    Where is this commercial real estate located?
    The property is located at 11 House Portfolio Bristol Tn Bristol, TN.
    What is the asking price?
    The asking price for this property is $1,980,198.
    (423) 282-1817
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    11 House Portfolio Bristol Tn Bristol, TN 37620
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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
    11 House Portfolio Bristol Tn Bristol, TN 37620
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