$269,900

Address not disclosed - MLS#9980342 Lebanon, VA 24266

$3,205
Closing credit¹
5.4 acres
Multi-Family

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

Home typeMulti Family
HeatingOther
StatusActive
CoolingOther
Lot size5.4 Acres
Year built2023
MLS #9980342

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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view of rural area featuring property parcel outlined and a mountain backdrop

$269,900

Address not disclosed

$3,205

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

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.

All data from GreatSchools

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.

How much money do the neighbors make?

58%
<35k
37%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

36%
Single, No Kids
9%
Single, with Kids
34%
Married, No Kids
21%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
17%
18-34 yrs old
46%
35-64 yrs old
15%
65+ yrs old

What do the neighbors do for fun?

  • NASCARNASCAR
  • HuntingHunting
  • Monster TrucksMonster Trucks

Where do the neighbors shop?

  • Dollar GeneralDollar General
  • Wal-MartWal-Mart
  • Academy Sports & OutdoorsAcademy Sports & Outdoors

Where do the neighbors go to eat?

  • Hardee'sHardee's
  • Jimmy JohnsJimmy Johns
  • ApplebeesApplebees

What do the neighbors drive?

  • GMCGMC
  • RamRam
  • ChevroletChevrolet

What do the neighbors listen to?

  • Classic CountryClassic Country
  • CountryCountry
  • New CountryNew Country
All data provided by Home Junction and Claritas

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.

From Rocket Homes Real Estate and based on county public records data.

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