Walnut Street

Lebanon VA 24266

5.4 ac.

Multi-Family

Last sold for $246,000

Jim Griffin, last sold this property on 14 August 2025 after -79 days on market.

Overview

Amazing investor opportunity! This Mobile Home Park is not just cash flowing out of the gate, but is positioned for further growth as you build your investment portfolio. Situated on 5 acres in Southwest Virginia, this Mobile Home Park consists of 4 units, with one unit being park-owned. The additional three units are lot rent only. With current rents producing an annual income of $22,800 and room to expand significantly, you can see the opportunity that awaits. To make the deal even better, the utilities are billed directly to the tenants, which leaves minimal expenses to the owner (insurance, taxes, lawn care). The park-owned home is a 2023 two-bedroom, two-bath home. IT IS THE SOLE RESPONSIBILITY OF BUYER AND BUYER AGENT TO VERIFY ALL INFORMATION CONTAINED HEREIN

Features

5.4 ac. lot size

Multi-Family

Estimated Value

We need at least 3 similar multi families sold in Lebanon over the last 12 months.

Property history for Walnut Street

2025

Sold

$246,000

14 Aug 2025 by Jim Griffin, of LPT REALTY LLC

Happy sellers in Lebanon

We have insufficient information to provide an overview of customer satisfaction for Lebanon. Viewing the agent profiles, reviews and sales for Lebanon can provide insights for this location.