45 Plasters Park Cir, Martinsville, VA 24112-7215
- Commercial real estate
Current Use by Public Records
- Commercial real estate
Property Details for 45 Plasters Park Cir
- Zone code
- A1
- Property type
- Commercial real estate
- APN
- 174790003
- APU
- 174790003
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Dec 27, 2024 | $288,000 | Exquisite Housing Elite I LLC | Plasters Meadow LLC | Warranty Deed | $15k · Plasters Meadow LLC |
| Dec 8, 2023 | $145,000 | Plasters Meadow LLC | Lewis And Curtis LLC | Warranty Deed | — |
| Dec 15, 2021 | $135,000 | Lewis & Curtis LLC | Richard D Grindstaff | Warranty Deed | — |
Description
This exceptional investment opportunity presents a 13-lot mobile home park situated on an expansive 8.72-acre lot in Martinsville, Virginia (zip code 24112, address 45 Plasters Pk Cir). Currently, nine lots are leased, generating immediate cash flow. The property is zoned A-1 Agriculture. A key feature is the recently added 13th lot, offering increased potential rental income. This lot boasts a private location at the rear of the park and includes a standalone septic system. All mobile homes are tenant-owned, minimizing landlord responsibilities. The park benefits from Public Service Authority (PSA) water connections, with individual meters ensuring tenants cover their water usage. A septic maintenance fee is collected from each tenant to offset associated costs. Recent improvements include the installation of three additional streetlights, new mailboxes, and updated signage, enhancing the park's overall appeal and functionality. Financial information and park regulations are available upon request. This turnkey operation offers a low-maintenance approach to real estate investment with significant upside potential. The property is priced at $325,000.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Martinsville
- County
- Henry
- State
- Virginia
- Longitude
- -80.0083
- Latitude
- 36.6927
- CBSA code
- 32300
- CBSA name
- MARTINSVILLE, VA MICROPOLITAN STATISTICAL AREA
