Great investment! Seven rental mobile homes (two double wide and five single wide) on five separate parcels. Total 9.9 wooded acres. Relatively level and pleasant setting with lots of privacy in northern Rockingham County. Each unit has 3 BR and 2 Full BA. Current monthly rental income is $5,575. Rent ranges between $750 to $850. Strong cash flow with low maintenance expense. All units are fully occupied by long term tenants. Each tenant pays separate utility except water. There are separate septic and two shared wells. Each unit was built from 2003 to 2010.
Multi-familyProperty Type
2008Year Built
9.9 acresLot Size
$66Price/Sq.Ft.
Listed by • Cottonwood Commercial LLC
Listed by • Kline May Realty
Bought with Nancy Beahm• Weichert Realtors Nancy Beahm Real Estate
As the MLS and public records start to fill up, we'll list the details here.
Public record
Public record
Zoning
Beds
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Baths
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Stories
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Lot width
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Lot depth
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Lot size
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Year renovated
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Sq. Ft.
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Year built
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Style
Multi-Family (5+ Unit)
County
Rockingham County
APN
66-A-L78, L78J, L78J1, L78K, and L106A
Parking Spaces
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Basement
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Accessible
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HOA Dues
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Garage
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Features
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Last updated by owner on May 12, 2023.
A2
General Agricultural District
The A-2 district is designed to implement the comprehensive plan goals related to the preservation of the county's agricultural industry, economy, and rural character. This is achieved by giving preference to uses that conserve agricultural and forestall land, protect water and air quality, and conserve water and other natural and ecological resources.
Permitted uses
Include but are not limited to:
Agriculture
Equestrian facility
Greenhouse / nursery
Religious facility
Housing-Single unit
Fire house
Police station
Property details
Interior
Multi Unit Information
# of Units(Total): 7
Multi Unit Financial Information
Owner Pays: Common Area Maintenance, Insurance, Snow Removal, Sewer, Taxes, Trash Collection, Water
Unit Type 1 Information
Type: 3 Bedroom
Area: 1,152
# of Units Total: 1
# of Beds: 3
# of Baths: 2
Unit Type 2 Information
Type: 3 Bedroom
Area: 1,232
# of Units Total: 1
# of Beds: 3
# of Baths: 2
Unit Type 3 Information
Type: 3 Bedroom
Area: 1,344
# of Units Total: 1
# of Beds: 3
# of Baths: 2
Unit Type 4 Information
Type: 3 Bedroom
# of Units Total: 4
# of Beds: 3
# of Baths: 2
Exterior
Building Information
Foundation Details: Block
Property Information
Property Sub Type Additional: Multi Family, Other
AboveGradeFinishedAreaSource: Owner
Above Grade Unfinished Area Source: Owner
BelowGradeFinishedAreaSource: Owner
Below Grade Unfinished Area Source: Owner
Lot Information
Lot Size Acres: 9.9
Road Frontage Type: Private Road, Public Road
Financial
Tax Information
Tax Annual Amount: $3,688
Parcel Number: 66-A-L78, L78J, L78J1, L78K, and L106A
Tax Year: 2018
Utilities
Utility Information
Utilities: Cable Available
Sewer: Septic Tank
Water Source: Shared Well
Heating & Cooling
Has Cooling
Cooling: Central Air
Has Heating
Heating: Electric, Heat Pump
Location
School Information
Elementary School: Lacey Spring
Middle Or Junior School: J. Frank Hillyard
High School: Broadway
Location Information
Unparsed Address: 10812 PHILLIPS STORE RD
Directions: From I-81 exit 257, take VA-259 Mayland Road toward Broadway. Take left onto Phillips Store Road and drive 0.7 mile. The properties are on your left.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: —
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Rockingham County
APN: 66-A-L78, L78J, L78J1, L78K, and L106A
Home facts updated by county records on May 12, 2023
Around this home
Schools
Lacey Spring Elementary School
Public PreK-5 • Assigned • 2.6mi
3/10
J. Frank Hillyard Middle School
Public 6-8 • Assigned • 3.0mi
4/10
Broadway High School
Public 9-12 • Assigned • 2.1mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Historical weather
Broadway, VA • 22815
Average low and high temperatures (°F)
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27
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44
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37
46
27
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Sun exposure
In this area, properties receive around 8.5 hours in
June and 3.8 hours in December, placing it below the
U.S. average for solar exposure.