13682 CULLERS LN new to site Save Request In-Person Tour Request Virtual Tour
Broadway,VA 22815
Key Details
Property Type Mobile Home, Commercial
Sub Type Mobile Home/Campgrounds
Listing Status Active
Purchase Type For Sale
Square Footage 41,382 sqft
Price per Sqft $6
MLS Listing ID VARO2002554
Year Built 1960
Annual Tax Amount $526
Tax Year 2024
Lot Size 0.950 Acres
Acres 0.95
Property Sub-Type Mobile Home/Campgrounds
Source BRIGHT
Property Description
Attention Investors! Don't miss this rare opportunity to acquire an already profitable real estate portfolio. This offering on Cullers Ln. in Broadway is being sold together with MLS #VASH2012432 on Massanutten St. in Broadway, and both properties must convey as a package for one low price of $249,900. The combined portfolio includes a total of five mobile homes, all fully occupied and producing steady income. Financials are provided on a consolidated basis, while taxes are calculated separately for each property.
Financial Highlights:
Total Units: 5 (3 in Broadway, 2 in Edinburg)
Occupancy: 100% (all units tenant-occupied)
Monthly Income:
Cullers Lane, Broadway: $1,764 total
(1 TOH $400, 1 RTO $764, 1 RTO $600)
Massanutten Street, Edinburg: $1,067.30 total
(1 TOH $400, 1 RTO $667.30)
Combined Gross Monthly Income: $2,831.30
Annualized Income: $33,975.60
Operating expenses are minimal, as tenants are responsible for their own water/sewer bills and yard maintenance. Rent-to-own agreements provide predictable monthly income with structured payoff dates in 2027, 2028, and 2032. Taxes are calculated separately for each property.
This portfolio delivers immediate cash flow and long-term equity opportunities, making it a strong addition to any investor's holdings.
Location
State VA
County Rockingham
Area Rockingham Nw
Zoning R2
Interior
Hot Water Other
Heating Other
Cooling Other
Inclusions 2 RTO Mobile Homes
Heat Source Other
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Plains
Middle Schools J. Frank Hillyard
High Schools Broadway
School District Rockingham County Public Schools
Others
Tax ID 52A A 24
Ownership Fee Simple
SqFt Source Assessor
Special Listing Condition Standard