104 & 106 Massanutten St, Edinburg, VA 22824

Property Description

Attention Investors! Don’t miss this rare opportunity to acquire an already profitable real estate portfolio. This offering on Massanutten Street in Edinburg is being sold together with MLS #VARO2002554 on Cullers Lane 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.