Tbd Meadow CIR, Springville, VA 38256
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Tbd Meadow CIR, Springville, VA 38256
Tbd Meadow CIR, Springville, VA 38256
Tbd Meadow CIR, Springville, VA 38256
Tbd Meadow CIR, Springville, VA 38256
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Dominic McIntyre

Dominic McIntyre

+1(423) 483-2784
$ 385,000
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Tbd Meadow CIR Springville, VA 38256

1.79 Acres Lot

UPDATED:

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID 10003032

HOA Y/N No

Year Built 2000

Lot Size 1.790 Acres

Acres 1.79

Lot Dimensions 1.79

Source Tennessee/Virginia Regional MLS

Property Description

INVESTMENT OPPORTUNITY! Well-established 18-pad mobile home park offering steady income with low owner maintenance. Currently, 14 of the 18 pads are occupied at $200 per month on month-to-month rentals, with tenants owning their mobile homes. Each unit is separately metered, and tenants are responsible for their own utilities. The property has 17 septic systems, with Lots 1 and 3 sharing one system. If septic pumping is required, the cost is split 50/50 between the owner and tenant. Only one septic system has required pumping within the past year. A site manager handles mowing and general property maintenance for $200 per month, making this an attractive opportunity for an investor looking for relatively hands-off income. Owner expenses include property taxes, insurance, site management, and the owner's portion of septic pumping when needed. With all 18 pads occupied at the current rental rate, projected gross income is approximately $38,549 annually. Four currently vacant pads provide additional income and growth potential. Conveniently located just minutes from Bluefield, VA/WV and Tazewell, VA. A great opportunity to add an established, income-producing mobile home park with tenant-owned homes and low maintenance requirements to your investment portfolio. Serious investors--don't miss this opportunity!
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 Tazewell

Area 1.79

Zoning Comm

Direction From the intersection at Pounding Mill, travel toward Bluefield for 25 minutes. Just past Destiny Outreach Church turn right onto Roma Road. Mobile Home Park and sign will be straight ahead - just off the four lane.

Interior

Heating See Remarks

Cooling See Remarks

Equipment None

Heat Source See Remarks

Exterior

Roof Type Other

Road Frontage County Road

Building

Sewer Septic Tank

Water Public

Structure Type Other

Others

Senior Community No

Tax ID 058a 0125

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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