Available for $549,000

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*** DO NOT DISTURB. NO TRESPASSING. BY APPT ONLY***​​

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Existing income package with 3 houses + 16 currently rented MHP spaces + additional limbo spaces + long-term R-3 redevelopment upside on approximately 4.05 acres​​!

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A rare opportunity for income investors, mobile home park operators, and developers alike. Generate immediate cash flow from the existing homes and park, explore value-add opportunities through improved operations, or take advantage of the property's R-3 zoning and future redevelopment potential. Multiple investment strategies make this a versatile addition to any portfolio.​

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185 Superior Cir. Bristol, VA 24201

Beds: 3
Baths: 3
Sqft: 1,902

Year Built: 2009

 0.65 Acre Lot​

PID: 18-13-1

Legal Description: LOT 1 FRED H ELLIS PROP 0.646 ACRE 1166 RHODE ISLAND AVE

Full Basement with One Bathroom 

Public Water & Sewer
Offers Heat Pump & 2-Car Bay Garage

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269 Superior Cir. Bristol, VA 24201

Beds: 2
Baths: 1
Sqft: 1,118

Year Built: 1938

 3.19 Acre Lot​

PID: 18-1-66

Legal Description: 129 COLUMBIA AVE

Needs New Kitchen Floor

Public Water & Sewer

Currently Vacant But Has Rental Inquiries

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155 Columbia Ave. Bristol, VA 24201

Beds: 2
Baths: 1
Sqft: 772

Year Built: 1941

0.12 Acre Lot​

PID: 18-7-4-10

Legal Description: MCCRARY LOT 10 & PT. 9 BLK 4 4 COLUMBIA AVE

Offers Gas Heat & Has A Basement

Public Water & Sewer
No major work needed except back porch steps

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155 Columbia Ave. Related Parcel
PID: 18-7-4-9B
0.09 Acre Lot​​

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4.05 acres Total for the above properties 

Buyer to verify exact acreage, parcel boundaries, APNs included, zoning, and permitted use.

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​Investment Highlights:

26 historical spaces.
20 total spaces currently occupied or tied up in some way.
16 paying rent/16 contracts with one rented as storage.
2025 gross income: $70,200.
2025 net income: $38,695.
4 additional spaces or homes in limbo

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Important Zoning Information:

The existing manufactured home park may continue operating as-is. However, because many of the vacant structures/spaces have reportedly been vacant for more than 12 months, no homes are supposed to be replaced or moved into those vacant spaces unless the park is rezoned to R-MH and brought into compliance. There are some proposed changes to the laws which if enacted will allow for the removal and replacement of any current mobile homes. Nothing is concrete yet but with this slated change that goes into effect July 1st if approved it greatly increases the ability to increase profits and rents. ​​