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Browse More Listings in Multifamily For Sale, Bassett, VA or Virginia

Multifamily Property For Sale

Mobile Home Community and Convenience Store

4431 Philpott Drive, Bassett, VA 24055

Price:
$628,500
No. Spaces:
19
Price/Space:
$33,078.95
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Lot Size:
11.11 AC
Find Out More...

Last Verified 10/12/2009 Listing ID 15482294

Description

This investment opportunity includes the S&S Mini Mart and Windy Ridge Mobile Home Comunity. Situated on 11.11 acres. 19 Mobile Homes currently on site with lots of room for expansion. Windy Ridge is at offered at a 7.5% Cap Rate. The 1900 square foot store has income from groceries, gas and a full kitchen grill. The store has untapped potential with an increase in products and hours of operation.

Situated in a rural, residential area, this property has little competition and is accessible to a number of homeowners who frequent the store for their retail needs.

Map of 4431 Philpott Drive, Bassett, VA 24055 (Henry County)

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Created 12/17/2007

Additional Information for 4431 Philpott Drive, Bassett, VA 24055

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 2 Historic Listings
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - Mobile Home Community and Convenience Store

4431 Philpott Drive, Bassett, VA, 24055