$830,000
Saltville, VA 24370
MLS# 9959804
1 / 11
Property Description
Are you looking for a new property investment opportunity? Check out this mobile home park for sale in the rolling hills of Smyth County, VA! Property is located just off Hwy 107, 5 miles from downtown Saltville and 6 miles from Chilhowie and I-81, Exit 35. The property consists of three separate lots with a combined acreage of 13.64 acres, deeds to govern. There are 17 mobile homes in the park with 16 of them being landowner owned. Each unit is individually. metered for water & electric. Also on property is a 28'x40' garage/shop building. One of the three lots is a 5.48 acre vacant lot which could be converted to additional mobile home lots, sold as a house lot or developed as income generating storage facility. Rents have not increased for years and are not at HUD rental assistance rates. Financials available with a NDA, LOI, or PSA. With country views, convenient amenities, and lots of potential - this location is the ideal investment. Contact us to find out more about this unique opportunity!
Details
Maps
Location, Tax & Legal Info
Street #: Tbd
Street Name: Valley
St Suffix: Road
County: Smyth
State/Province: VA
Zip Code: 24370
Subdivision: Not In Subdivision
Deed Book #: 1065
Deed Page #: 745
Parcel ID: 41-2-2a 053598
County Taxes: 617.16
Contract Info
Status: Active
Listing Price: 830000
Current Price: $830,000
Listing Date: 2023-11-30
Buyer Broker: Yes
Buyer Broker Comm: 3
Buyer Broker Comm Type: %
Foreclosure: No
Short Sale: No
Auction: No
General Property Description
Lot Dimensions: N/A
Acres: 6.28
Zoning: Residential
Property Sub-Type: Multi-Family
# Buildings: 17
# of Units: 17
Total Units: 17
Stories: 1
Elementary School: Rich Valley
Middle School: Northwood
High School: Northwood
HOA Y/N: No
Remarks & Misc
Public Remarks: Are you looking for a new property investment opportunity? Check out this mobile home park for sale in the rolling hills of Smyth County, VA! Property is located just off Hwy 107, 5 miles from downtown Saltville and 6 miles from Chilhowie and I-81, Exit 35. The property consists of three separate lots with a combined acreage of 13.64 acres, deeds to govern. There are 17 mobile homes in the park with 16 of them being landowner owned. Each unit is individually. metered for water & electric. Also on property is a 28'x40' garage/shop building. One of the three lots is a 5.48 acre vacant lot which could be converted to additional mobile home lots, sold as a house lot or developed as income generating storage facility. Rents have not increased for years and are not at HUD rental assistance rates. Financials available with a NDA, LOI, or PSA. With country views, convenient amenities, and lots of potential - this location is the ideal investment. Contact us to find out more about this unique opportunity!
Directions: 718 Burley Rd for GPS. From Hwy 107 turn right on Valley Rd in 1.2 miles turn left on Burley Rd. Subject property is visible from Valley Rd
Unit 1
# Units: 17
Unit 2
# Units: 17
Unit 3
# Units: 17
Unit 4
# Units: 17
Property Features
Style: Other
Levels: One
Exterior Finish: Other
Topography/Lot Description: Rolling Slope
Heating: Other
Water: Public; See Remarks
Sewer: Septic Tank
AC: Other
Construction: Manufactured
Body Type: Single Wide
Easements: None
Listing Office: TCI Group - Jerry Petzoldt Agency, LLC
Last Updated: November - 30 - 2023
The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.
Information deemed reliable but not guaranteed.