VA > Lebanon
Lebanon, VA 24266
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Lebanon, VA 24266
Lebanon, VA 24266
Lebanon, VA 24266
Lebanon, VA 24266
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Debby Gibson Real Estate Co.

Debby Gibson Real Estate Co.

+1(423) 833-7492
$ 269,900
Est. payment /mo
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Lebanon, VA 24266

5.4 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID 9980342

Style Other,See Remarks

HOA Y/N No

Year Built 2023

Lot Size 5.400 Acres

Acres 5.4

Lot Dimensions See acreage

Property Sub-Type Multi Family

Source Tennessee/Virginia Regional MLS

Property Description

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

Location

State VA

County Russell

Area 5.4

Zoning Res

Direction 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

Interior

Heating See Remarks

Cooling See Remarks

Heat Source See Remarks

Exterior

Topography See Remarks

Building

Entry Level One

Water Public

Architectural Style Other, See Remarks

Structure Type See Remarks

Schools

Elementary Schools Belfst Elk Grdn

Middle Schools Lebanon

High Schools Lebanon

Others

Senior Community No

Listed by Jim Griffin • LPT Realty - Griffin Home Group
agent

Debby Gibson Real Estate Co.

+1(423) 833-7492

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