80 BRAD ST

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Address: 80 Brad St, Martinsville, VA 24112, USA

Washington DC + Apartment Buildings

Created date: April 18, 2024

Date last updated: April 18, 2024

Property Description

CAP Rate 10%. Excellent investment opportunity. Own this quiet and secluded, established mobile home park in Franklin Co. Mobile homes convey with purchase. Grand total of 6 pads. 5 park owned mobile homes onsite and all 5 rented, most with long term tenants. Bring in another mobile home for the empty pad, rent the lot only OR convert to an RV hookup. 6 septic systems & 2 wells. With nearly 3 wooded acres, there's room to add more units or RV spaces, as desired. You could even build your home on site and manage the properties personally. Nestled in Franklin Co, this investment property is approx 25 min from Rocky Mount, 50 min from Danville and 1 hr from Roanoke. Property sold as is/where is.

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Available

Key Property Information

Listing Status:	Available
Listing Type:	Call for offers
Property Types:	Apartment Buildings
Price:	$300,000
No. of Units:	5
Year Built:	1985
Opportunity Zone:	No
Price per unit:	$60,000
Property Website	Click Here
Number of Bedrooms:	0
Number of Bathrooms:	0

Address: 80 Brad St, Martinsville, VA 24112, USA

Provided by:

Standard Status: Active

MLS Listing Number: 901529

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