x
Price Reduction
Address
10812 Phillips Store Rd Broadway, VA
Price
$ 679,000
Property Attributes
  • MLS#590104
  • TypeMulti-Family
  • CountyROCKINGHAM
  • CityBroadway
  • AreaRockingham
  • Zip22815
  • Style
  • Year Built2008
  • Taxes3688
  • Price$ 679,000
  • Bedrooms12
  • Full Bathrooms8
  • Half Bathrooms0
  • Sqr Footage8592
  • Lot Size9.9 Acres
Listing Provided Courtesy Of:
Cottonwood Commercial LLC
Property Description

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.

Elementary School Middle School High School
Lacey Spring Elementary School J. Frank Hillyard Middle School Broadway High School
Price History
5/7/2019 Listed $699,000
8/27/2019 3% - $679,000

General Features

Access Private Road, Public Road
Class MULTI-FAMILY
Green Features No
HOA No
High School Broadway
Legal Description Tax Map # : 66-A-L78, L78J, L78J1, L78K, and L106A
Listing Area Rockingham
Listing Status Active
Middle School J. Frank Hillyard
New Construction No
Price Per Sq Ft 79.03
Status Active
SubArea Rockingham Co NW
Subdivision NONE
Tax Year 2018
Taxes 3688
Type Other
Year Built 2008
Zoning A-2 Agricultural General

Interior Features

Air Conditioning Central AC
Heating Electric, Heat Pump
Total Finished Sq. Ft. 8592
Total Number of Units 7
Unit 1: # Baths 2
Unit 1: # Beds 3
Unit 1: # Sqft 1216
Unit 1: # Units 4
Unit 1: Type 3 Bed Apt
Unit 2: # Baths 2
Unit 2: # Beds 3
Unit 2: # Sqft 1344
Unit 2: # Units 1
Unit 2: Type 3 Bed Apt
Unit 3: # Baths 2
Unit 3: # Beds 3
Unit 3: # Sqft 1232
Unit 3: # Units 1
Unit 3: Type 3 Bed Apt
Unit 4: # Baths 2
Unit 4: # Beds 3
Unit 4: # Sqft 1152
Unit 4: # Units 1
Unit 4: Type 3 Bed Apt

Exterior Features

Foundation Concrete Block
Lot Size Area 9.9
Sewer/Septic Septic Tank
Water Shared Well

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 22815

Price
AVG $680K
$680K
Taxes
AVG $3,688
$3,688
Visits
AVG 21
20
Year Built
AVG 2008
2008

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