Multifamily
(Multi Family)
, Lebanon, VA 24266
Other, See Remarks
FOR SALE
Price: $269,900
List Date: 2025-05-16
DOM:
1
City Tax: $0 County Tax: $0
City Tax: $0 County Tax: $0
Year Built: 2023
Total Area: 0 ft² (Finished & Unfinished)
Heating: See Remarks Cooling: See Remarks Water & Sewage: Public
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
Community Information
- Geographical
- County: Russell
- Subdivision:
- Zoning: Res
- School System
- Belfst Elk Grdn Elementary
- Lebanon Middle
- Lebanon High
Interior
Exterior
Exterior Finish: See Remarks
Photos
Listing by
Lpt Realty - Griffin Home Group