$395,000
bedrooms
8
bathrooms
0
square feet
4,800
Acreage
0.309
Open Houses
-
year built
1961
Full Baths
0
Half Baths
0
Investment property opportunity in the town of Marion. Located directly off exit 45 from 81, including public utilities, separate water and electric meters for each unit, and a low maintenance outdoor area. 4, 2 bed 1 bath apartment units on the top floor with new decking and concrete sidewalks. 9, indoor, conditioned self-storage units on the main floor, protected with door code and camera system. Apartments rent for $850/month and are all occupied. Storage units range from 80-100 a month and run about 70% occupied. NOI includes a 10% management fee, $60-80 in electric for the storage units/hall light for apartments, pest control, and minimal ground maintenance. Great opportunity for a turn key investment property that is already managed. Call today for more info.
Location | |
Subdivision | - |
County | Smyth |
Elementary School | Marion Elementary |
Middle School | Marion |
High School | Marion Senior |
Open houses
None scheduled.
Find out more
Tell us who you are, and we will have someone reach out to you.
MLS number: 96082
Listing agent:
Christopher Fox
#0225224934
Listing broker:
Mountain Sky Properties
(276) 228-8882
Copyright © 2024 Southwest Virginia Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Friday, November 8 2024 at 12:44 p.m. EST
Kotohomes National