$699,999
Grundy, VA 24614
MLS# 9992829
14700 sqft
1 / 27
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.
Details
Maps
Location, Tax & Legal Info
Parcel ID: 2hh182242
City Taxes: 0
County Taxes: 2904
Contract Info
List Price/SqFt: 47.62
Foreclosure: No
Short Sale: No
Auction: No
Status: Active
Listing Price: 699999
Current Price: $699,999
Listing Date: 2026-03-25
General Property Description
Acres: 22.8
Lease: No
Lot Size: See acreage
Zoning: COM
HOA Y/N: No
Total SqFt Finished: 14700
Total SqFt Unfinished: 0
Annual Lease $: 120000
Year Built: 2005
Total SqFt: 14700
Remarks & Misc
Public Remarks: 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.
Directions: 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
Property Condition
Average: 1
Business Type
Residential: 1
Exterior Finish
Vinyl Siding: 1
Other Equipment
Dryer: 1
Refrigerator: 1
Washer: 1
Roof
Metal: 1
Road Access
County Road: 1
Electric Service
220 Volts: 1
Development Status
Infrastructure In: 1
Heating
Heat Pump: 1
Info Available
Profit/Loss Statement: 1
AC
Heat Pump: 1
Water
Public: 1
Sewer
Public Sewer: 1
Restrictions
Deed: 1
Financing
Cash: 1
Conventional: 1
Indiv/Seller Financing: 1
Sale Includes
Fee Simple: 1
Location Tax Legal Info
Street #: 1025
St Direction: West
Street Name: Pointe Village
St Suffix: Drive
County: Buchanan
State/Province: VA
Zip Code: 24614
Area: 507 - Buchanan County
Property Features
Property Condition: Average
Business Type: Residential
Exterior Finish: Vinyl Siding
Other Equipment: Dryer; Refrigerator; Washer
Roof: Metal
Electric Service: 220 Volts
Development Status: Infrastructure In
Heating: Heat Pump
AC: Heat Pump
Water: Public
Sewer: Public Sewer
Road Access: County Road
Info Available: Profit/Loss Statement
Restrictions: Deed
Financing: Cash; Conventional; Indiv/Seller Financing
Sale Includes: Fee Simple
Listing Office: Path Real Estate LLC
Last Updated: March - 25 - 2026
Information deemed reliable but not guaranteed.