10812 Phillips Store Rd, BROADWAY, 22815

Multi-Family - Other

$699,000

–Beds
–Baths
8,592Sqft
9.9Acres
2008Built
102DOM
MLS® #: 590104
Active, 102 Days on Market
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Ben Schlabach

REALTOR

  • Office 540-434-2400
  • Cell 540-908-9541
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Great investment! Seven rental mobile homes (two double wide and five single wide) on five separate parcels. Total 9.9 wooded acres. Relatively level and pleasant setting with lots of privacy in northern Rockingham County. Each unit has 3 BR and 2 Full BA. Current monthly rental income is $5,600. Rent ranges between $750 to $875. Strong cash flow with low maintenance expense. All units are fully occupied by long term tenants. Each tenant pays separate utility except water. There are separate septic and two shared wells. Each unit was built from 2002 to 2013.

Essential Information

MLS® #: 590104
Price: $699,000
Square Footage: 8,592
Acres: 9.90
Year Built: 2008
Type: Multi-Family
Sub-Type: Other
Status: Active

Community Information

Address: 10812 Phillips Store Rd
Area: Rockingham
Subdivision: NONE
City: BROADWAY
State: Virginia
Zip Code: 22815

Interior

Heating: Electric, Heat Pump
Cooling: Central AC

Exterior

Foundation: Concrete Block

School Information

Elementary: Lacey Spring
Middle: J. Frank Hillyard
High: Broadway

Additional Information

Date Listed: May 7th, 2019
Days on Market: 102
Zoning: A-2 Agricultural General
Listing Office: Cottonwood Commercial LLC
Listing Agent: Jason Song

Listing Details

Listing Office: Cottonwood Commercial LLC

Financials

$/SqFt: $81

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