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Blue Ridge Properties Listing
1025 West Pointe Village Drive, Grundy, VA 24614 (MLS #9992829)
Basic Information:
Bedrooms: 0
Full Bathrooms: 0
Half Bathrooms: 0
Type: Commercial Sale
Sub Type:
MLS Number: 9992829
Lot Acreage: 22.80000
Living Area: 14,700
Year Built:2005
Elementary School:
Middle School:
High School:
Public Remarks: Income-producing commercial property currently operating as a mobile home motel in Grundy, VA. The property consists of 15 mobile homes, each converted into 4 separate rental units, totaling 60 units. Each unit includes a private bathroom. Property is set up for nightly and short term rentals and is currently generating positive cash flow. Flexible use allows for short-term, mid-term, or long-term rentals. With room to grow, the opportunities are exciting! Located in a market with consistent housing demand due to nearby law and medical schools, offering potential for student housing, workforce housing, or extended-stay accommodations.
Listing Courtesy:Path Real Estate LLC
More Listing Info:
AC:Heat Pump3: true
Business Type:Residential2: true
Contract Info:Foreclosure: No
Development Status:Infrastructure In: true
Electric Service:220 Volts: true
Exterior Finish:Vinyl Siding: true
General Property Description:Acres: 22.8
General Property Description:Annual Lease: 120000.0
General Property Description:HOA YN: No
General Property Description:Lease: No
General Property Description:Lot Size2: See acreage
General Property Description:Total SqFt Finished: 14700.0
General Property Description:Total SqFt Unfinished: 0.0
General Property Description:Zoning2: COM
Heating:Heat Pump2: true
Info Available:ProfitLoss Statement: true
Location Tax Legal Info:City Taxes: 0.0
Location Tax Legal Info:County Taxes: 2904.0
Other Equipment:Dryer2: true
Other Equipment:Refrigerator2: true
Other Equipment:Washer2: true
Property Condition:Average: true
Remarks Misc:Directions3: From Lovers Gap road in Grundy, turn on Riverside Drive. Left on Hoot Owl. Sharp righto n West Pointe Village Drive. No sign. GPS friendly
Remarks Misc:Public Remarks7: Income-producing commercial property currently operating as a mobile home motel in Grundy, VA. The property consists of 15 mobile homes, each converted into 4 separate rental units, totaling 60 units. Each unit includes a private bathroom. Property is set up for nightly and short term rentals and is currently generating positive cash flow. Flexible use allows for short-term, mid-term, or long-term rentals. With room to grow, the opportunities are exciting! Located in a market with consistent housing demand due to nearby law and medical schools, offering potential for student housing, workforce housing, or extended-stay accommodations.
Restrictions:Deed: true
Road Access:County Road: true
Roof:Metal3: true
Sale Includes:Fee Simple: true
Sewer:Public Sewer: true
Water:Public: true
