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301 Givens LnBlacksburg, VA 24060

395 Sites, High Occupancy, Growth Potential

Overview

Added:
Dec 11, 2024
Days on market:
116
This exceptional investment opportunity presents a four-park portfolio of mobile home communities in Blacksburg and Roanoke, Virginia. The portfolio encompasses a total of 395 sites, boasting an impressive average occupancy rate exceeding 90%, demonstrating strong market demand and consistent revenue generation. Strategically located, the Blacksburg parks are within a 10-minute radius of Virginia Tech, benefiting from the university's substantial local impact and providing a stable tenant base. Similarly, the Roanoke communities enjoy a prime location, just 10 minutes from the city's dynamic downtown core, offering convenient access to employment centers and amenities. Each park benefits from established on-site management teams, ensuring efficient daily operations and minimizing management overhead. Furthermore, the portfolio presents significant upside potential through the development of currently undeveloped land within the existing communities, allowing for future expansion and increased revenue streams. This turnkey investment offers a compelling blend of stable income, strong occupancy, and substantial growth opportunities in a desirable location. The properties are well-maintained and positioned for continued success in a thriving market.

Highlights

  • High occupancy rates.
  • On-site property management.
  • Expansion potential via undeveloped land.
  • Prime location near schools and businesses.

Property Details for 301 Givens Ln

Property type
Mobile home & RV parks
Units
395

Location Insight

City
Blacksburg
County
Montgomery
State
Virginia
Latitude
37.2518694
Longitude
-80.4165828
301 Givens Ln, Blacksburg, Virginia

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301 Givens Ln
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