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Edgewood MHC 36 Evening Star Ln 39 Unit Mobile Home Park $1,450,000 ($37,179/Unit) Martinsville, VA 24112
Executive Summary
Price Reduced $150K! 39-Unit MHC that includes 14 walk-up apartment units. Lots of upside here in both rents and occupancy. The property is on all public utilities. Sale also includes 17 park owned mobile homes. VA Broker of Record: Patrick L. Reynolds, CCIM, SIOR, NAI Dominion.
Property Facts
| Price | $1,450,000 | Building Class | C |
| Price Per Unit | $37,179 | Lot Size | 3.17 AC |
| Sale Type | Investment | Building Size | 10,000 SF |
| No. Units | 39 | Average Occupancy | 85% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1960 |
| Zoning | SR - Suburban Residential District | ||
| Price | $1,450,000 |
| Price Per Unit | $37,179 |
| Sale Type | Investment |
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 3.17 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 85% |
| No. Stories | 1 |
| Year Built | 1960 |
| Zoning | SR - Suburban Residential District |
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Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 037500021 | Improvements Assessment | $318,800 |
| Land Assessment | $151,600 | Total Assessment | $470,400 |
Property Taxes
Parcel Number
037500021
Land Assessment
$151,600
Improvements Assessment
$318,800
Total Assessment
$470,400
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Edgewood MHC | 36 Evening Star Ln