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22 Newby Rd
Chase City, VA 23924
Newby's Trailer Court · Multifamily Property For Sale · 6,000 SF

INVESTMENT HIGHLIGHTS

  • Significant Value-Add Opportunity - Twenty-Three (23) Single Wide Trailers - Twelve (12) Undeveloped Potential RV Sites
  • Trailer Lots Currently Leased @ $150/Month - Potential RV Lot Rental Income: $500/Month
  • Potential Monthly Rental Income: $11,800 - Potential Annual Rental Income: $141,600
  • Six (6) Vacant Trailer Sites - Seller Owns Two (2) Trailers - Two (2) Single Family Houses
  • Current Monthly Rental Income: $3,240 - Current Annual Income: $38,880
  • 2 Wells - Public Sewer – Electric Available - Two Tax Parcels - 8.22 ± AC

PROPERTY FACTS

No. Units 25
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Building Class B
Lot Size 8.22 AC
Building Size 6,000 SF
No. Stories 1
Year Built 1970
Zoning R-2

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 23 $150.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 7768
  • 7769
Land Assessment
$71,900
Improvements Assessment
$144,800
Total Assessment
$216,700
  • Listing ID: 20505456

  • Date on Market: 8/4/2020

  • Last Updated:

  • Address: 22 Newby Rd, Chase City, VA 23924

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