This unique, cash flowing, turn key property offers a rare opportunity to expand your real estate portfolio with twelve solid rental units. The property consists of one, two and three bedroom single level houses with semi-open floor plans averaging around 900 sqft each. All houses are located across the same twelve acre parcel thus simplifying management for the new owner. Very strong rental history with great value add potential. The property is professionally managed and has recently under went extensive upgrades with all new metal roofs, improved landscaping and new decks on several units. This investment property is ready for the next owner to step in and begin collecting the rent and benefiting from the positive cash flow.
Off market
Zestimate®
$1,075,700
384 Camp Creek Rd NW, Riner, VA 24149
--beds
0baths
10,000sqft
MultiFamily
Built in 1992
-- sqft lot
$1,075,700 Zestimate®
$108/sqft
$1,009 Estimated rent
Owner options
What's special
Facts & features
Interior
Bedrooms & bathrooms
- Bathrooms: 0
Heating
- Heat pump, Electric
Appliances
- Included: Dryer, Range / Oven, Refrigerator, Washer
Features
- Flooring: Carpet, Laminate
- Basement: Slab
Interior area
- Total interior livable area: 10,000 sqft
Property
Parking
- Parking features: Carport
Features
- Exterior features: Brick
Lot
- Size: 12.06 Acres
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Other
Condition
- Year built: 1992
Community & neighborhood
Location
- Region: Riner
- Municipality: Floyd County
Other
Other facts
- State/Province: VA
- Tenant Expenses: Cable TV
- Construction: Cement Block, Brick, Log Home
- Heating: Heat Pump Electric
- Water Heater Energy: Electric
- Basement: Slab
- Water Heater Type: Tank
- Owner Expenses: Lawn Care, Electricity
- Water Description: Shared Well
- Sewer Description: Shared Septic
- Municipality: Floyd County
- Major Area: 11 - Floyd County
- Tax ID: 26-109