INVESTMENT PROPERTY FOR SALE IN ROCKY MOUNT VA!

1801 Scuffling Hill Rd, Rocky Mount, Virginia, 24151

Photos

Map

* FOR SALE

MLS: 45038-00417

2.1 Acres

beds

baths

What You Should Know

  • Investment Opportunity in VA

  • Mobile Home Park for Sale

  • Trailer Park for Sale in VA

  • Roanoke VA Business for Sale

  • Rental Property for Sale in VA

  • Rocky Mount VA Investment

  • Call Barry 540-875-6432

  • Call Matt 540-239-2585

Why You'll Love It

Investment Property for Sale in Rocky Mount VA!

You have the chance to purchase a lucrative mobile home park for sale in Franklin County VA. Property owner/seller is relocating, this is the perfect opportunity to purchase a great investment property. This property features 2.08 acres and 14 mobile home lots located at 1801 Scuffling Hill Road, Rocky Mount VA. Of the 14 lots, three mobile homes are owned and included in the auction, 11 lots have mobile homes that are owned by tenants paying lot rent only. This is a fantastic cashflow and investment opportunity.

Let’s talk about income – 11 lots (lot rent only) are rented for $250 per lot. Two of the mobile homes are two-bedroom, one bath homes. One rents for $550 per month and the other for $450 per month. The third mobile home has two bedrooms and two baths. Home rents for $550 per month. Total Rent is $4,300 per month. All three mobile homes have been remodeled in past three years and have new heat pumps.

Each lot has its own septic system approved for two bedrooms. Septic tanks have had risers installed with access lids / cleanouts for easy access.  Each lot has town water with individual meters owned by park. Tenants are responsible for electric and park owner pays water bills. In 2008, new pavement was completed on main driveway around park. All electric meter bases and poles have been replaced. Lots 1-6 had new water lines installed in 2019. Annual expenses are $13,850.  There have been zero vacancies since 2006. Refer to bidder pack for more information on rentals and expenses.  Franklin County Tax Map / GIS Boundary differs from Survey. Refer to Survey in Bidder Packet for boundary. 

This property would be a great investment with proven income potential. It is conveniently located to Roanoke VA and Martinsville VA.

1801 Scuffling Hill Road, Rocky Mount VA 24151

Online Only Auction Ending Wednesday December 2nd @ 4 PM

Click Here for Property Video

 

Click Here for Interactive Map

 

Click Here for Profit & Loss Statement

 

Click Here for Bidder Pack

Bid Online Now

Auction Date – Online Only Ending Wednesday December 2nd @ 4 PM

Online Bidding – Online bidding is now active and runs through December 2nd @ 4 PM

General Terms and Conditions –  10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $10,000 required on day of sale (December 2nd, 2020). Close on or before January 19th, 2021. Subject to seller confirmation. Download Bidder Information Pack for complete terms and conditions, purchase contract, and maps.  Franklin County Tax Map / GIS Boundary differs from Survey. Refer to Survey in Bidder Packet for boundary. 

Contact – Broker Matt Gallimore at (540) 239-2585 or  Gallimore.matt@gmail.comAuctioneer Barry Muse at (540) 875-6432

Directions  From Rocky Mount, Franklin Street (HWY 40 West) towards Ferrum, VA; Left on Scuffling Hill Road (across from 40 West Food Fare); Go ¼ mile to right at 1801 Scuffling Hill Road, Rocky Mount VA.

Documents (2)

Where You'll Find It

  • Street Address: 1801 Scuffling Hill Rd
  • City: Rocky Mount
  • State: Virginia
  • County: Franklin

Map View

Video Tour

Date: Wed, Dec 2, 2020
Time: 4:00 PM
Location:
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Matthew Gallimore

Broker, Owner, Auctioneer & Appraiser
See Website

Barry Muse

Auctioneer