319 T B Stanley Hwy
Bassett, VA 24055

$4,095,000 USD

Manufactured Housing Mobile Home Park For Sale • 3,267,000 SF

Property Details

Property Type Manufactured Housing Mobile Home Park
Total Building Size 3,267,000 SF
Lot Size 75 AC
Building Class B
Year Built 2020
Zoning A-1, B-1

0 Transit Score

30 Walk Score

                
                    Highlights
                
                                The property underwent major upgrades in 2020 across multiple aspects of infrastructure and improvements. 
                            
                                County water and sewer to all sites and underground electric service throughout the property.
                            
                                122 (RV) + 5 (Tent) site riverfront outdoor hospitality property situated on approximately 31.20 acres with approximately 3,200 feet of frontage
                            
                                Value-Add Upside — 54 of 122 RV sites currently occupied (52 long-term + 2 transient), plus 11 additional long-term tenants booked to move in; 
                            
                                Attractive Seller Financing at List Price — $3,095,000 first-position seller financing at 5.25% fixed; 24 months interest-only