45 Plasters Park CirMartinsville, VA 24112

Property Details for 45 Plasters Park Cir

Zone code

A1

Property type

Other commercial real estate

APN

174790003

APU

174790003

Description

This exceptional investment opportunity presents a 13-lot mobile home park situated on an expansive 8.72-acre lot in Martinsville, Virginia (zip code 24112, address 45 Plasters Pk Cir). Currently, nine lots are leased, generating immediate cash flow. The property is zoned A-1 Agriculture. A key feature is the recently added 13th lot, offering increased potential rental income. This lot boasts a private location at the rear of the park and includes a standalone septic system. All mobile homes are tenant-owned, minimizing landlord responsibilities. The park benefits from Public Service Authority (PSA) water connections, with individual meters ensuring tenants cover their water usage. A septic maintenance fee is collected from each tenant to offset associated costs. Recent improvements include the installation of three additional streetlights, new mailboxes, and updated signage, enhancing the park's overall appeal and functionality. Financial information and park regulations are available upon request. This turnkey operation offers a low-maintenance approach to real estate investment with significant upside potential. The property is priced at $325,000.

Location Insight

City

Martinsville

County

Henry

State

Virginia

Latitude

36.6927

Longitude

-80.0083

CBSA code

32300

CBSA name

MARTINSVILLE, VA MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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