Address not disclosed - MLS#9980342 Lebanon, VA 24266
Property details
About This Home
Amazing investor opportunity! This Mobile Home Park is not just cash flowing out of the gate, but is positioned for further growth as you build your investment portfolio. Situated on 5 acres in Southwest Virginia, this Mobile Home Park consists of 4 units, with one unit being park-owned. The additional three units are lot rent only. With current rents producing an annual income of $22,800 and room to expand significantly, you can see the opportunity that awaits. To make the deal even better, the utilities are billed directly to the tenants, which leaves minimal expenses to the owner (insurance, taxes, lawn care). The park-owned home is a 2023 two-bedroom, two-bath home. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN
Highlights
Summary
- Architectural Style: Other, See Remarks
- Heating: Other
- Cooling: Other
- List Price: $269,900
- Year Built: 2023
- Lot Size: 5.4 Acres
- MLS Number: 9980342
- MLS Name: Tennessee/Virginia Regional MLS
- Office Name: LPT Realty - Griffin Home Group
- Office Phone: (423) 482-0743
- Office Email: office@griffinhomegroup.com
- Listing Agent: Jim Griffin
The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (“IDX”) program of the Tennessee Virginia Regional MLS. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this brokerl, are indicated by detailed information about them such as the name of the listing firms. Information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor this broker shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.
Copyright© 2025 Tennessee Virginia Regional MLS. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 2:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$269,900
Address not disclosed
$3,205
closing credit¹
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Price information
Property sales
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Tax history
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Nearby schools
4
Lebanon Elementary School
Public District 2-4
5.4 mi
•56 George Ben Whited Dr
9
Greendale Elementary School
Public District PK-5
11.1 mi
•13092 McGuffie Rd
7
Abingdon Elementary School
Public District PK-5
14.2 mi
•19431 Woodland Hills Rd
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $25,921. The majority of Lebanon, VA residents have income less than $<35k annually. Residents typically live in single, no kids family. Most residents in this area have high school diploma education.
Features: 0 bathroom. It has been listed on Rocket Homes since May 16, 2025 and is currently priced at $269,900.
Over 3 listings were sold over their listed price in April 2025 in Lebanon, VA. In the same period over 6 listings were sold below the listed price and 1 listings were sold for the listed price. The inventory of homes for sale in Lebanon, VA between March and April 2025 decreased by 3.7%. In April 2025, listings were on the market for 112 days. During the same period, the median list price in this real estate market was $237,000.