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Stanley's Mobile Home Park

$ 530,000

Property Details: 

Listing Price: $530,000


Year Built: - 


Property Type: Commercial/Industrial 


Building Size: -


Lot Size: 5.135 Acres 

Property Description: 

This property is a 5.135-acre land zoned R-5, with a total of 28 pads available. The utilities include water, which is covered by the landlord through a master meter provided by Roanoke City, sewer services also paid by the landlord through Roanoke City, and separate electric meters for each pad, which are paid by the tenants and provided by AEP. The location is conveniently situated just 3 miles away from I-81, offering easy access. 

In terms of financials, there are currently 12 pads rented and occupied. Nine of these pads are available for $350 per month each, while two pads come with trailers included and are priced at $800 per month each. Additionally, there is one pad that includes a trailer and is available for $500 per month. The market rate for the pads ranges from $400 to $500 per month.

Property Location: 

Prime location with easy access to I-581, US-460 W, and Downtown Roanoke.

 

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