Residential Income

Cascade, VA Residential Income Properties for Sale

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Eden, NC Danville, VA Axton, VA Ruffin, NC Pelham, NC Ridgeway, VA Graham, NC Martinsville, VA
Single-Wide Mobile Home Income Portfolio
Updated: Apr 12
Single-Wide Mobile Home Income Portfolio

13280 Martinsville Hwy, Cascade, VA 24069

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Portfolio of 13 income‑producing single‑wide mobile homes in Cascade, Virginia
Each home is 2 or 3 bedrooms and is sold as‑is, where‑is condition
Average monthly rent is $451 per home; homes are subject to existing tenant leases and the master lot rent lease
Stated 11.12% CAP Rate Year 1 and 18.60% Property IRR/Yield
Portfolio is within a well‑maintained mobile home community along Rt. 58 between Danville and Martinsville
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Cascade, VA, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Unit Residential Property
Two-Unit Residential Property

1398 W Main Street, Danville, VA 24541

$129,900
2,912 sqft

Currently configured as a duplex with walking access to schools, dining, and neighborhood entertainment.

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Commercial Land Near Casino
Commercial Land Near Casino

533 PINEY FOREST RD, Danville, VA 24540

$999,000
4.50 AC lot

Commercial land with road frontage, convenient to the Casino.

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Four-Unit Multifamily Property
Four-Unit Multifamily Property

1230 Ridge Ave, Eden, NC 27288

$224,900

Three apartments have one-bedroom layouts, while the fourth unit may accommodate three bedrooms or business and retail use.

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Downtown Mixed-Use Property For Sale
Downtown Mixed-Use Property For Sale

248 The Boulevard #A and B, Eden, NC 27288

$110,000

Two-story property with retail and residential/creative space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Danville, VA Land Opportunity
Danville, VA Land Opportunity

9 Grandimere Drive, Danville, VA 24541

$49,900
0.74 AC lot

Residential lots for sale in upscale Danville location.

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Residential Land in WestEnd Estates
Residential Land in WestEnd Estates

Revere Drive, Danville, VA 24541

$510,000
34.32 AC lot

34.32 acres in Danville's WestEnd Estates subdivision.

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Undeveloped Land Near Sandy River
Undeveloped Land Near Sandy River

HANKS LANE, Danville, VA 24541

$349,000
31.63 AC lot

31+ acres of land with riverfront property in Danville, VA.

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Danville Land Development Opportunity
Danville Land Development Opportunity

197-198 Beech Ave, Danville, VA 24541

$489,900
5.31 AC lot

5.3-acre land approved for 57-unit condo development.

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Cascade, VA Residential Income Properties Market Trends and Statistics

Explore 1 residential income properties for sale in Cascade, VA on our real estate platform.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Mobile home & RV parks 1
Multifamily properties 1

Demographics Overview

Population 1,508
Population Growth (5Y) -27.7%
Median Household Income $51,761
College Educated 27.5%

Taxes & Financing

Tax Rate (average for all types) 0.55%
Property Tax per SF $26.28 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Pittsylvania County

New Delisted

Total CRE Inventory on Market (SF)

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