Seller's Agent in 2025
Jim Griffin
LPT Realty - Griffin Home Group
(423) 302-0333
4 in this area
977 Total Sales
--
Bed
--
Bath
--
Sq Ft
5.4
Acres
Highlights
- 5.4 Acre Lot
- No HOA
- 1-Story Property
About This Home
As of August 2025Amazing 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
Last Agent to Sell the Property
LPT Realty - Griffin Home Group License #310406 Listed on: 06/23/2025
Last Buyer's Agent
LPT Realty - Griffin Home Group License #310406 Listed on: 06/23/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 2023
Schools
- Belfst Elk Grdn Elementary School
- Lebanon Middle School
- Lebanon High School
Additional Features
- 1-Story Property
- 5.4 Acre Lot
Listing and Financial Details
- Assessor Parcel Number 63l Ib 668
Community Details
Overview
- No Home Owners Association
- 4 Units
Building Details
- Gross Income $22,800
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Jun 23, 2025
Closed on
Sep 30, 2025
Sold by
Reed Edgar
Bought by
Walnut Ridge Drive Llc
Seller's Agent
Jim Griffin
LPT Realty - Griffin Home Group
Buyer's Agent
Jim Griffin
LPT Realty - Griffin Home Group
List Price
$269,900
Sold Price
$246,000
Premium/Discount to List
-$23,900
-8.86%
Views
3
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$129,000
Purchase Details
Listed on
Jun 23, 2025
Closed on
Aug 14, 2025
Sold by
Lindamood Property Group Llc
Bought by
Reed Edgar
Seller's Agent
Jim Griffin
LPT Realty - Griffin Home Group
Buyer's Agent
Jim Griffin
LPT Realty - Griffin Home Group
List Price
$269,900
Sold Price
$246,000
Premium/Discount to List
-$23,900
-8.86%
Views
3
Purchase Details
Closed on
Feb 17, 2025
Sold by
Double Down Enterprise Inc
Bought by
Lindamood Property Group Llc
Purchase Details
Closed on
Jan 20, 2022
Sold by
Ann Slone Phyllis
Bought by
Double Down Enterprise Inc
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Gift Deed | -- | None Listed On Document | |
| Warranty Deed | $246,000 | Malcolm Title Llc-Virginia | |
| Deed | $200,000 | None Listed On Document | |
| Deed | $119,500 | Tiller & Tiller Pc | |
| Deed | $119,500 | Tiller & Tiller Pc |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 08/14/2025 08/14/25 | Sold | $246,000 | -5.3% | -- |
| 06/29/2025 06/29/25 | Pending | -- | -- | -- |
| 06/27/2025 06/27/25 | Price Changed | $259,900 | -3.7% | -- |
| 05/16/2025 05/16/25 | For Sale | $269,900 | -- | -- |
Source: Tennessee/Virginia Regional MLS
Tax History Compared to Growth
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $215 | $37,100 | $23,600 | $13,500 |
| 2024 | $220 | $34,900 | $21,400 | $13,500 |
| 2023 | $220 | $34,900 | $21,400 | $13,500 |
| 2022 | $220 | $34,900 | $21,400 | $13,500 |
| 2021 | $220 | $34,900 | $21,400 | $13,500 |
| 2020 | $220 | $34,900 | $21,400 | $13,500 |
| 2019 | $220 | $34,900 | $21,400 | $13,500 |
| 2018 | $241 | $38,300 | $21,400 | $16,900 |
| 2017 | $241 | $38,300 | $21,400 | $16,900 |
| 2016 | $241 | $38,300 | $21,400 | $16,900 |
| 2015 | -- | $38,300 | $21,400 | $16,900 |
| 2012 | -- | $43,000 | $26,000 | $17,000 |
Source: Public Records
Agents Affiliated with this Home
-
Jim Griffin
-
Chris Abla
C
Buyer Co-Listing Agent in 2025
Chris Abla
LPT Realty - Griffin Home Group
(423) 255-7937
2 in this area
81 Total Sales
Source: Tennessee/Virginia Regional MLS
MLS Number: 9980342
APN: 63LIB668
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