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10812 Phillips Store Rd, BROADWAY, Virginia – $679,000

  • $679k Price
  • 8,592 Sqft
  • 9.9 Acres
  • 198 DOM
  • $679k Price
  • 8,592 Sqft
  • 9.9 Acres
  • 198 DOM

10812 Phillips Store Rd

Great investment! Seven rental mobile homes (two double wide and five single wide) on five separate parcels. Total 9.9 wooded acres. Relatively level and pleasant setting with lots of privacy in northern Rockingham County. Each unit has 3 BR and 2 Full BA. Current monthly rental income is $5,600. Rent ranges between $750 to $875. Strong cash flow with low maintenance expense. All units are fully occupied by long term tenants. Each tenant pays separate utility except water. There are separate septic and two shared wells. Each unit was built from 2002 to 2013.

Essential Information

  • MLS® #590104
  • Price$679,000
  • Square Footage8,592
  • Acres9.90
  • Year Built2008
  • TypeMulti-Family
  • Sub-TypeOther
  • StatusActive

Community Information

  • Address10812 Phillips Store Rd
  • AreaRockingham
  • SubdivisionNONE
  • CityBROADWAY
  • StateVirginia
  • Zip Code22815

Interior

  • HeatingElectric, Heat Pump
  • CoolingCentral AC

Exterior

  • FoundationConcrete Block

School Information

  • ElementaryLacey Spring
  • MiddleJ. Frank Hillyard
  • HighBroadway

Additional Information

  • Date ListedMay 7th, 2019
  • Days on Market198
  • ZoningA-2 Agricultural General

Listing Details

  • OfficeCottonwood Commercial LLC
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