15 Spruce Pine Ln Bassett, VA 24055
15 Spruce Pine Ln, Bassett, VA 24055 - 0 Beds, 0 Bath
15 Spruce Pine Ln, Bassett, VA 24055 - 0 Beds, 0 Bath
15 Spruce Pine Ln, Bassett, VA 24055 - 0 Beds, 0 Bath
Snapshot
Description
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!
More Details
Features
History
| Date | Event | Price | $/Sqft | Source |
|---|---|---|---|---|
| For Sale ~ Price Changed Lots And Land | $274,900 -4.9% | UC/Blue Ridge Land & Auction | ||
| For Sale ~ Price Changed Lots And Land | $289,000 +75.2% | UC/Blue Ridge Land & Auction | ||
| Listed For Sale Lots And Land | $165,000 | UC/Blue Ridge Land & Auction |
Taxes
| Year | Annual Amount | Description |
|---|---|---|
| 2025 | $345 | +/- 8.58 acres and Improvements; Tax Map #: 13.9(0000 )000 /097E; PID #: 798; L2200/04882 |
Nearby Schools
