Pending

5000 Midlothian Tpke

Richmond VA, 23225

$1,800,000


Pending

Commercial

Built in 1960

Oak View Mobile home park is a 31 space mobile home community in Richmond, just southwest of the city and along the bus line with public water and sewer. Great proximity to retail, employment and other amenities. Average rents are $535 per month which includes water and sewer presenting a tremendous opportunity to break out these costs and charge back to tenant, for a value add opportunity. There is upside for new ownership to also increase rents, as rents have increased steadily over the last few years and lease up of the four additional sites. Sale is for the lots only; NO mobile homes included-all homes owned by tenants. Also for sale is 15 Brumskill Ct, Cumberland; owner would prefer to sell both together but will sell separate.

2405215

MLS ID

March 2, 2024

Listed

August 23, 2024

Updated

Map

5000 Midlothian Tpke
Richmond VA, 23225

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

4.65 Acres


Sewer

Public Sewer

Other Property Details

Area Name

60 - Richmond


Days on Market

15


Garage

No


View

No


County

Richmond City


Water Source

Public


Pool

No

Listing History

Date

Event

Price

6/27/2024

Pending

Listed by Shaheen Ruth Martin & Fonville, Heather Placer Mull, [email protected] 

All or a portion of the multiple listing information is provided by the Central Virginia Regional Multiple Listing Service, LLC, from a copyrighted compilation of listings. All CVR MLS information provided is deemed reliable but is not guaranteed accurate. The compilation of listings and each individual listings are ©2024 Central Virginia Regional Multiple Listing Service, LLC. All rights reserved. Property locations as displayed on any map are best approximations only and exact locations should be independently verified.

Date last updated: 8/23/2024

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