2-98 Triple Court DR, Honaker, VA 24260
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2-98 Triple Court DR, Honaker, VA 24260
2-98 Triple Court DR, Honaker, VA 24260
2-98 Triple Court DR, Honaker, VA 24260
2-98 Triple Court DR, Honaker, VA 24260
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Dominic McIntyre

Dominic McIntyre

+1(423) 483-2784
$ 385,000
Est. payment /mo
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2-98 Triple Court DR Honaker, VA 24260

2.13 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Not In Subdivision

MLS Listing ID 10003031

HOA Y/N No

Year Built 2000

Lot Size 2.130 Acres

Acres 2.13

Lot Dimensions 2.13

Source Tennessee/Virginia Regional MLS

Property Description

INVESTMENT OPPORTUNITY IN HONAKER, VA! Established mobile home park offering steady income, low maintenance, and room for additional revenue. The property currently has 14 occupied pads renting for $200 per month on month-to-month rentals, generating $33,600 in annual gross rental income. Tenants own their mobile homes, each unit is separately metered, and tenants are responsible for their own utilities and lawn care. The park is served by public water and public sewer, eliminating the maintenance concerns associated with private wells and septic systems. Annual lighting expense is only $276. Owner is responsible for property taxes and insurance. In addition to the 14 occupied pads, there are 4 vacant lots with potentially 5-7 additional spots to add pads, offering excellent potential for increased income $12,000 - $16,800. At the current $200 monthly lot rent, full occupancy (could increase gross rental income to approximately $45,600- $50,400 annually). This is an excellent opportunity for an investor seeking an established income-producing property with tenant-owned homes, minimal day-to-day maintenance, and additional income potential. Steady income, low maintenance, and room to grow--an investment opportunity worth a closer look!
All info in this listing is provided as a courtesy, is not guaranteed and is subject to errors and omissions. Buyer / buyer's agent to verify all information herein. Use subject to deed restrictions and zoning. Both ground and aerial photos taken from the property showing views and scenery and may include views of adjacent parcels of land. Square footage is estimated.

Location

State VA

County Russell

Community Not In Subdivision

Area 2.13

Zoning Comm

Direction At the intersection of Rt 19/80 at Rosedale, travel toward Honaker for 5 miles. Turn right onto Putnam Bypass. Mobile home park and sign on right at Triple Court Drive.

Interior

Heating Other

Cooling None

Equipment None

Heat Source Other

Exterior

Utilities Available See Remarks

Roof Type Other

Road Frontage City Street

Building

Sewer Public Sewer

Water Public

Structure Type Other

New Construction No

Others

Senior Community No

Tax ID 76r Sd 2111a

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Listed by Connie Comer • Cedar Realty Group

NEARBY SCHOOLS & PROPERTIES

Dominic McIntyre

Dominic McIntyre

REALTOR® License ID: 358018

+1(423) 483-2784

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