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29288940
29288942

Kenwood Dr, Meadowview, VA 24361

TD
VA 0225223640
Landmark Realty
Listed by Landmark Realty
$219,900
137 days on market
Updated 85 days ago

Kenwood Dr

Details
Property Type Mobile Home Park
Units 3
Cap Rate 10.35%
NOI $22,600
Occupancy 100%
Broker Co-Op Yes
Acreage 0.380
Investment Type Stabilized
Ownership Private

Mobile Home Park | 10.35% CAP

Marketing description

Discover an exceptional income-producing opportunity with this meticulously maintained multi-family property featuring three singlewide mobile homes, all occupied and currently rented. Each unit has been thoughtfully updated with newer finishes inside and out, ensuring long-term tenant satisfaction and strong rental appeal. A bonus storage building is also included, adding even more value and flexibility for ownership. Investors will appreciate the impressive cap rate of over 10%, along with the rare advantage that all singlewides are owned by the property owner—not the tenants—streamlining management and protecting your investment. One unit has 1 bedroom, 1 bath and the other two units have 2 bedrooms and one bath. Red property boundary lines are approximate representations of boundaries, exact boundaries are per deed. Open and covered decks are also featured on the homes. Ask your agent for details on rents, expenses and more. A scheduled appointment is required for all viewings with a licensed agent. Please do not approach the property or disturb occupants.

Listing Contacts

TD
VA 0225223640
Landmark Realty
Listed by Landmark Realty

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$22,600.00
$1,883.33/mo

Valuation Metrics

0
DSCR
10.28%
Cap Rate
10.28%
ROI

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