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| Bedrooms: | 0 | Full Bathrooms: | 0 | Half Bathrooms: | 0 |
| Type: | Commercial Sale | Sub Type: | MLS Number: | 9992829 | |
| Living Area: | 14,700 | Lot Acreage: | 23 | Year Built: | 2005 |
| Elementary School: | Middle School: | High School: |
Property Description
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 Status
Active
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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 Videos: (none) Virtual Tours: (none)
Listing Courtesy:
Path Real Estate LLC
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