Mixed-Use Land for Sale in Martinsville, Virginia
80 Brad St Martinsville, VA 24112
Images
Map
Street
$300,000
6.09 acres
Active sale$25k dropEst $1,676/mo
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, most with long term renters. Bring in another mobile home for the 1 empty space, rent the pad 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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Sq feet
Property details
- County
- Franklin County
- Elevation
- 1,227 feet
- MLS Number
- RVAR 901723
- Date Listed
Property taxes
- Year not provided
- $561
Detailed attributes
Listing
- Type
- Commercial
Structure
- Heating
- Electric
Listing history
Date | Event | Price | Change | Source |
---|---|---|---|---|
Jan 13, 2024 | Relisted | $300,000 | — | RVAR |
Dec 21, 2023 | Listing removed | $300,000 | — | — |
Dec 14, 2023 | Price decrease | $300,000 | $25,000 -7.7% | RVAR |
Dec 7, 2023 | Price decrease | $325,000 | $25,000 -7.1% | RVAR |
Sept 17, 2023 | New listing | $350,000 | — | RVAR |
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Amanda Patterson
Divine Fog Realty Company LLC- Roanoke
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