2-98 Triple Court Drive, Honaker, VA 24260
2-98 Triple Court Drive, Honaker, VA 24260
2-98 Triple Court Drive, Honaker, VA 24260
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Holston Realty

Holston Realty

+1(423) 793-8109
Listed by Cedar Realty Group
$385,000
Est. payment /mo
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UPDATED:

Key Details

Property Type Other Types

Listing Status Active

Purchase Type For Sale

Subdivision Honaker

MLS Listing ID 112614

Year Built 2026

Annual Tax Amount $613

Tax Year 2025

Property Description

INVESTMENT OPPORTUNITY IN HONAKER, VA! Established mobile home park offering steady income, low maintenance, and room for additional revenue. The property currently has 14 occupied pads renting for $200 per month on month-to-month rentals, generating $33,600 in annual gross rental income. Tenants own their mobile homes, each unit is separately metered, and tenants are responsible for their own utilities and lawn care. The park is served by public water and public sewer, eliminating the maintenance concerns associated with private wells and septic systems. Annual lighting expense is only $276. Owner is responsible for property taxes and insurance. In addition to the 14 occupied pads, there are 4 vacant lots with potentially 5-7 additional spots to add pads, offering excellent potential for increased income $12,000 - $16,800. At the current $200 monthly lot rent, full occupancy (could increase gross rental income to approximately $45,600- $50,400 annually). This is an excellent opportunity for an investor seeking an established income-producing property with tenant-owned homes, minimal day-to-day maintenance, and additional income potential. Steady income, low maintenance, and room to grow—an investment opportunity worth a closer look!

Location

State VA

County Russell

Area Honaker

Zoning Comm

Interior

Heating Other

Cooling Other

Flooring See Remarks

Exterior

Exterior Feature See Remarks

Utilities Available Other

View Y/N No

Water Access Desc Public

Roof Type Other

Garage No

Building

Lot Description City Lot

Sewer Public Sewer

Water Public

Others

Acceptable Financing 7ad8d028465c5d6d6dfcbe04b4007a2f

Listing Terms 7ad8d028465c5d6d6dfcbe04b4007a2f

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Holston Realty

Holston Realty

+1(423) 793-8109

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