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Blue Ridge Properties Listing
(MLS #9980342)
Basic Information:
Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Multi Family
Sub Type: Multi Family
MLS Number: 9980342
Lot Acreage: 5.40000
Living Area: 0
Year Built:2023
Elementary School: Belfst Elk Grdn
Middle School: Lebanon
High School: Lebanon
Public Remarks: Amazing investor opportunity! This Mobile Home Park is not just cash flowing out of the gate, but is positioned for further growth as you build your investment portfolio. Situated on 5 acres in Southwest Virginia, this Mobile Home Park consists of 4 units, with one unit being park-owned. The additional three units are lot rent only. With current rents producing an annual income of $22,800 and room to expand significantly, you can see the opportunity that awaits. To make the deal even better, the utilities are billed directly to the tenants, which leaves minimal expenses to the owner (insurance, taxes, lawn care). The park-owned home is a 2023 two-bedroom, two-bath home. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
Listing Courtesy:LPT Realty - Griffin Home Group
More Listing Info:
AC:See Remarks11: true
Contract Info:Foreclosure: No
Easements:See Remarks18: true
Exterior Finish:See Remarks3: true
General Property Description:Acres: 5.4
General Property Description:Elementary School3: Belfst Elk Grdn
General Property Description:High School3: Lebanon
General Property Description:HOA YN: No
General Property Description:Lot Dimensions: See acreage
General Property Description:Middle School2: Lebanon
General Property Description:Total Units: 4
General Property Description:Zoning2: Res
Heating:See Remarks10: true
Income and Expenses:Gross Annual Income: 22800
Levels:One: true
Location Tax Legal Info:City Taxes: 0.0
Location Tax Legal Info:County Taxes: 0.0
Location Tax Legal Info:Deed Page #: 4
Remarks Misc:Directions3: Head northeast on US-19 N. Make a U-turn. Turn left onto VA-80 E. Turn left onto Walnut Ridge Dr. Keep left to stay on Walnut Ridge Dr
Remarks Misc:Public Remarks2: Amazing investor opportunity! This Mobile Home Park is not just cash flowing out of the gate, but is positioned for further growth as you build your investment portfolio. Situated on 5 acres in Southwest Virginia, this Mobile Home Park consists of 4 units, with one unit being park-owned. The additional three units are lot rent only. With current rents producing an annual income of $22,800 and room to expand significantly, you can see the opportunity that awaits. To make the deal even better, the utilities are billed directly to the tenants, which leaves minimal expenses to the owner (insurance, taxes, lawn care). The park-owned home is a 2023 two-bedroom, two-bath home. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
Structure Type:Multi Family: true
Style:Other53: true
Style:See Remarks40: true
TopographyLot Description:See Remarks: true
Unit 1:# Bathrooms5: 2.0
Unit 1:# Bedrooms3: 2
Unit 1:# Units: 4
Unit 2:SqFt5: 0
Unit 3:SqFt2: 0
Unit 4:SqFt: 0
Water:Public: true
