$502,750
UNDER CONTRACT

TBD Cox Ln Max Meadows, VA 24360

Estimated payment $2,756/month

Total Views 11,402
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 13.5 Acre Lot
  • Mature Trees
  • Cooling Available
  • Creek or Stream View
  • Fireplace
  • Home fronts a stream

About This Home

Mobile Home Park in Wythe County, VA with a common area along the banks of Reed Creek. This 13.5 acre parcel along E Lee Hwy and adjacent to I-81 & I-77 has paved driveway with 22 pads served by public water and sewer. Future planning may create development of more income opportunities on this site. Currently 18 tenant-owned occupied manufactured homes are in place and 4 vacant pads. At full capacity, this park should generate over $4,500/month. This convenient location is between Exit 84 & 80 along I-81/I-77 corridor so tenant commuting. Rarely available, rural mobile home parks generally do not last long in this market.

Listing Agent

Mitch Anders

United Country Anders Realty & Auction Brokerage Phone: 2762283242 License #0225197222 Listed on: 12/16/2024

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $1,209

Lot Details

  • 13.5 Acre Lot
  • Home fronts a stream
  • Mature Trees

Home Design

Interior Spaces

  • Fireplace
  • Creek or Stream Views

Schools

  • Max Meadows Elementary School
  • Fort Chiswell Middle School
  • Fort Chiswell High School

Utilities

  • Cooling Available
  • Heating Available
  • Separate Meters

Community Details

Overview

  • 22 Units

Building Details

  • Gardener Expense $167
  • Insurance Expense $92
  • Other Expense $101
  • Professional Management Expense $428
  • Gross Income $4,510
  • Net Operating Income $3,414

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$1,209

Lot Details

0

Listing Details

  • Property Sub Type: Multi Family
  • Prop. Type: Residential Income
  • Lot Size Acres: 13.5
  • Lot Size: 13.5 Acres
  • Road Surface Type: Paved
  • Professional Management Expense: 428
  • Directions: From I-81S Exit 80, right onto Fort Chiswell Road, immediate right onto E Lee Hwy, right onto Cox Lane
  • Structure Type: Other-See Remarks
  • Special Features: UnderContract

Interior Features

  • Appliances: Other
  • Has Basement: Basement/Foundation Other/See Remarks
  • Fireplace Features: Other
  • Fireplace: Yes
  • Interior Amenities: Other
  • Window Features: Other-See Remarks

Exterior Features

  • View: Creek
  • View: Yes
  • Waterfront Features: Stream, Creek
  • Waterfront: Yes
  • Construction Type: Other
  • Exterior Features: Mature Trees
  • Foundation Details: Basement/Foundation Other/See Remarks
  • Roof: Other

Utilities

  • Laundry Features: Other
  • Cooling: Other
  • Cooling Y N: Yes
  • Heating: Other
  • Heating Yn: Yes
  • Electric: Separate Meters
  • Sewer: Public Sewer
  • Water Source: Public
  • Gas Company: Other-See Remarks

Schools

  • Elementary School: Max Meadows
  • High School: Fort Chiswell
  • Middle Or Junior School: Fort Chiswell

Lot Info

  • Lot Size Sq Ft: 588060
  • Zoning: None
  • Irrigation Water Rights: No

Multi Family

  • Number Of Units Total: 22
  • Annual Gross Income: 4510
  • Insurance Expense: 92
  • Property Net Operating Income: 3414
  • Above Grade Finished Area Units: Square Feet
  • Gardner Expense: 167

Tax Info

  • Tax Annual Amount: 1208.7
  • Tax Lot: 0
  • Tax Map Number: 45-3J
  • Tax Year: 2024

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/16/2024 12/16/24 For Sale $502,750 -- --
Source: Southwest Virginia Association of REALTORS®

About the Listing Agent

Mitch Anders
Mitch Anders

United Country Anders Realty & Auction

(276) 531-3629

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Source: Southwest Virginia Association of REALTORS®

MLS Number: 98202

Virginia Wythe County Max Meadows 24360

TBD Cox Ln, Max Meadows, VA

Under Contract

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Mitch Anders
Mitch Anders
Listing Agent Section Image
United Country Anders Realty & Auction
(276) 531-3629