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$ 165,000
Est. payment /mo
Active
15 Spruce Pine LN Bassett, VA 24055
373,744 SqFt
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Land
Listing Status Active
Purchase Type For Sale
Square Footage 373,744 sqft
Price per Sqft $0
MLS Listing ID 426386
Annual Tax Amount $345
Tax Year 2025
Lot Size 8.580 Acres
Property Sub-Type Land
Property Description
Auction Property: List price may not reflect final sales price. List price is starting bid on the property and is non-reflective of value. Auction Ends April 21st at 4PM. Prime investment opportunity in Bassett, VA! This +/- 8.58-acre mobile home park features 26 total lots, serviced by public water and private septic. Ideally located minutes from Philpott Dam for boating, fishing, and hiking. Owner recently invested $40k+ in professional cleanup and removal of abandoned units. Currently, 9 tenants occupy 10 lots on flexible month-to-month verbal agreements, providing immediate upside for market rent adjustments or management changes. Monthly income is $2,400 with all tenants current. All mobile homes are tenant-owned; no titles transfer. Information is limited to exterior inspection. Buyer acknowledges potential regulations regarding home relocation. Property sold as-is. Auction is subject to VA Statute 55.1-1308.2. Great value-add potential in a scenic location!
Location
State VA
County Henry
Area Henry County
Schools
Elementary Schools Other
Middle Schools Other
High Schools Other
School District Henry County
Listed by UC/Blue Ridge Land & Auction
NEARBY SCHOOLS & PROPERTIES
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