28 Pad MHP | 100% Tenant Owned | Full Utility Pass Through

<p>10% Cap rate, room for increased revenue by filling the vacant spaces and creative updates, steady income stream, many long term tenants.​ </p>

<p><span>The Lynchburg Park, located at 1068 Cedar Hills, has 32 lots, with 1 vacant lot.​ There are 20 tenant-owned homes, all paying $450/month.​ 11 park-owned homes are rented at $800/month, while 2 park-owned homes collect $600 and $700 per month, respectively.​ 25 Septic tanks service the homes.​ The septic tanks are serviced every 5 years and were last serviced two years ago by Cut Rate Septic.​ City water shows consistent numbers across the board, averaging ~$1,400/month.​ </span></p><p></p><p><span>Management is currently not billing tenants for water usage, although the property is submetered.​ Tenants pay for their own electricity, and the park pays for street lights.​ Trash is included in rent and collected from individual bins by the manager, who then takes them to the dump.​ CapEx over the past two years consisted of digging up the septic tanks, pumping them, and putting risers on them.​ Additional costs included clearly preparing lots for the installation of new park-owned homes.​ </span></p><p></p>

<p>Eastbrook MHP presents a compelling investment opportunity in the greater Lynchburg, VA market, offering a stable, low-maintenance income stream backed by 100% tenant-owned homes, which eliminates landlord responsibility for home repairs or replacement.​ The property is currently 87% occupied, with 28 of 32 lots generating $12,600 in monthly gross lot rent, or $151,200 annualized.​ Tenants are not billed for water, sewer, or trash, while the property's private well—tested every three months—ensures reliable, compliant infrastructure.​ With 4 vacant lots remaining, Eastbrook offers straightforward upside through lease-up at minimal capital cost.​</p>

<p>Cushman & Wakefield | Thalhimer is pleased to exclusively offer for sale Crest Woods Mobile Home Park, a stabilized 26 pad manufactured housing community located at 1841 Grit Road in Hurt, Virginia, just minutes from Altavista.​</p><p>The property consists of 26 total pads, including 13 tenant owned homes and 13 park owned homes, situated on approximately 13.08 acres.​ Approximately 6.84 acres are currently in use, providing a low-density community layout with additional acreage on site.​</p><p>Crest Woods presents as a well-maintained community, with residents maintaining their homes and lots in good condition.​ This contributes to a clean, orderly setting and supports the property's history of consistent operations.​</p><p>The community benefits from its position near Altavista's established employment base and within the broader Southside Virginia economic growth corridor.​ Major employers and announced investments throughout Hurt, Pittsylvania County, Danville, Halifax County, and surrounding markets continue to strengthen the regional workforce and support demand for attainable housing near expanding job centers.​</p>

<p>Martinsville, VA Metro - 64K+ Population.​ There is a grocery store within a half mile and a large concentration of industrial employers within two miles.​ </p><p></p>

<p><strong>ATTENTION INVESTORS - JUST REDUCED! BELOW MARKET ADJUSTMENT!!</strong> Are You Looking for a New Property Investment Opportunity? Check Out This Mobile Home Park for Sale in the Rolling Hills of Smyth County, VA! Property is Located Just Off Hwy 107, 5 Miles From Downtown Saltville and 6 Miles From Chilhowie and I-81, Exit 35.​ The Property Consists of Three Separate Lots With a Combined Acreage of 13.64 Acres, Deeds to Govern.​ There Are 17 Mobile Homes in the Park With 16 Units Being Landowner Owned.​ Each Unit is Individually Metered for Electricity and Water.​ Also on Property is a 28'x40' Garage/shop Building.​ One of the Three Lots is a 5.48 Acre Vacant Lot Which Could Be Converted to Additional Mobile Home Lots, Sold as a House Lot or Developed as Income Generating Storage Facility.​ Rents Have Not Increased for Years and Are Not at Hud Rental Assistance Rates.​ Financials Available With a NDA, LOI or PSA.​ With Country Views, Convenient Amenities, and Lots of Potential – This Location is the Ideal Investment.​ Contact Us to Find Out More About This Unique Opportunity!</p>