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About the Listing NRSV1 - 3357970
Attention Investors! Don’t miss this rare opportunity to acquire an already profitable real estate portfolio. This offering on Cullers Ln. in Broadway is being sold together with MLS #VASH2012432 on Massanutten St. in Broadway, and both properties must convey as a package for one low price of $249,900. The combined portfolio includes a total of five mobile homes, all fully occupied and producing steady income. Financials are provided on a consolidated basis, while taxes are calculated separately for each property. Financial Highlights: Total Units: 5 (3 in Broadway, 2 in Edinburg) Occupancy: 100% (all units tenant-occupied) Monthly Income: Cullers Lane, Broadway: $1,764 total (1 TOH $400, 1 RTO $764, 1 RTO $600) Massanutten Street, Edinburg: $1,067.30 total (1 TOH $400, 1 RTO $667.30) Combined Gross Monthly Income: $2,831.30 Annualized Income: $33,975.60 Operating expenses are minimal, as tenants are responsible for their own water/sewer bills and yard maintenance. Rent-to-own agreements provide predictable monthly income with structured payoff dates in 2027, 2028, and 2032. Taxes are calculated separately for each property. This portfolio delivers immediate cash flow and long-term equity opportunities, making it a strong addition to any investor’s holdings.
Listing Highlights for 13682 Cullers Ln
Status
Active
Days on Site
5
Property Type
Commercial Sale
MLS ®
VARO2002554
Year Built
1960
Total Square Footage
0
Lot/Acreage
0.95
County
Rockingham
Neighborhood
None
Area
ROCKINGHAM NW
School District
Rockingham County Public Schools
Elementary School
Plains
Middle School
J. Frank Hillyard
High School
Broadway
Interior Details
- Bedrooms: 0
- Bathrooms: Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: R2
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Driveway
Financial Details
- Tax Amount: $527
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2024
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
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Listing Location
Questions About..
13682 Cullers Ln Broadway, VA 22815
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