Photo of Mobile Home Park

Mobile Home Park Details

Purchase Method: Cash, New Loan
Cap Rate: 12.1%
Listing ID: 662368
Posted On: May 4, 2016
Updated On: Aug 9, 2016

Description

Maple Ridge Mobile Home Parks consists of three parcels which make up 71 space, all age community located in Bassett, Virginia (Henry County). The park features paved roads. There are a total of 71spaces plus a single family home. Breakdown of parks to be included with the sale: Park 1: Ten spaces, Park 2: Twenty spaces and a single-family home, Park 3: Forty Spaces. The single family home is currently rented by long-term resident. There are total of 4 vacant spaces which are home ready.

Location

Henry County Virginia is located 45 miles west of Danville, 60 miles north of Winston-Salem, North Carolina, and 20 miles north of the North Carolina border. The county borders are shared with Patrick County to the west, Franklin County to the north, Pittsylvania County to the east and the North Carolina line to the south. It is set in the foothills of Virginia's beautiful Blue Ridge Mountains, Henry County is home to major industries, NASCAR Sprint Cup racing based at Martinsville Speedway. Top employers for the area are Henry County school system, Memorial hospital, Eastman Chemical, Monogram Food Solutions, and Ebay Enterprises.

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