10812 Phillips Store Rd, BROADWAY, 22815

REDUCED 8% Multi-Family - Other


MLS® #: 590104
Active, 286 Days on Market

Jayne Schlabach

Associate Broker, GREEN

  • Office 540-434-2400
  • Cell 540-421-7054

Great investment! Seven rental mobile homes (two double wide and five single wide) on five separate parcels. Total 9.9 wooded acres. Relatively level and pleasant setting with lots of privacy in northern Rockingham County. Each unit has 3 BR and 2 Full BA. Current monthly rental income is $5,600. Rent ranges between $750 to $875. Strong cash flow with low maintenance expense. All units are fully occupied by long term tenants. Each tenant pays separate utility except water. There are separate septic and two shared wells. Each unit was built from 2002 to 2013.

10812 Phillips Store Rd is a Multi-Family property for sale. The current price is $625,000. Built in 2008 this 12 room, 8.00 bath Broadway property has been listed on funkhousergroup.com for 286 days.

Price & Status History

Date Details
Price Reduced from $679,000 to $625,000
Price Reduced from $699,000 to $679,000

Essential Information

MLS® #: 590104
Price: $625,000
Bedrooms: 12
Bathrooms: 8.00
Square Footage: 8,592
Acres: 9.90
Year Built: 2008
Type: Multi-Family
Sub-Type: Other
Status: Active

Community Information

Address: 10812 Phillips Store Rd
Subdivision: NONE
State: Virginia
Zip Code: 22815


Heating: Heat Pump, Electric
Cooling: Central AC


Foundation: Concrete Block

School Information

Elementary: Lacey Spring
High: Broadway

Additional Information

Date Listed: May 7th, 2019
Days on Market: 286
Zoning: A-2 Agricultural General
Listing Office: Cottonwood Commercial LLC
Listing Agent: Jason Song

Listing Details

Listing Office: Cottonwood Commercial LLC


$/SqFt: $73

Neighborhood Information for 10812 Phillips Store Rd

Growing Population, Moderate Residential Turnover

  • Lows

    • January 22.20℉
    • July 62.70℉
  • rain icon


    • 35.18"
  • Highs

    • January 42.80℉
    • July 87.10℉

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