Auction Information
15-Unit Mobile Home Park on 17 Acres
PROPERTY LOCATION:
14700 Rockford School Rd, Hurt, VA 24563 (Pittsylvania County)
AUCTION LOCATION
Live auction held at:
The Altavista Train Station, 414 Washington Street, Altavista, VA 24517. Online and phone bidding available.
Income producing mobile home park on over 17 acres! Mobile home park with 15 rental units including 7 park owned mobile homes (fully leased) and 8 lots (3 currently vacant). Current rental income is $5,115/mo with over 17 acres for potential expansion. (2) wells serve the 15 units. Owner pays well, septic, lawn (#5 tenant mows in lieu of rent), and insurance. Excellent road frontage with 1,035' on Rockford School Rd and 532' on Harbor Dr. Conveniently located just one mile off US-29 minutes from Altavista and Leesville Lake. Less than 30 min from Lynchburg and less than 40 min from Danville and the NEW Caesar's casino. Consists of (3) Pittsylvania Coun...
Income producing mobile home park on over 17 acres! Mobile home park with 15 rental units including 7 park owned mobile homes (fully leased) and 8 lots (3 currently vacant). Current rental income is $5,115/mo with over 17 acres for potential expansion. (2) wells serve the 15 units. Owner pays well, septic, lawn (#5 tenant mows in lieu of rent), and insurance. Excellent road frontage with 1,035' on Rockford School Rd and 532' on Harbor Dr. Conveniently located just one mile off US-29 minutes from Altavista and Leesville Lake. Less than 30 min from Lynchburg and less than 40 min from Danville and the NEW Caesar's casino. Consists of (3) Pittsylvania County Tax Parcels.
RENTAL SUMMARY (updated 6/13/23)
Lot 1 (14524 Rockford School Rd); park owned home rented for $415/mo
Lot 2 (14532 Rockford School Rd); lot rented for $200/mo
Lot 3 (14556 Rockford School Rd); lot rented for $190/mo
Lot 4 (14572 Rockford School Rd); park owned home rented for $560/mo
Lot 5 (14588 Rockford School Rd); lot; tenant mows park in lieu of lot rent
Lot 6 (14608 Rockford School Rd); vacant; home uninhabitable and will be removed before auction (est. $200/mo lot rent)
Lot 7 (14624 Rockford School Rd); park owned home rented for $450/mo
Lot 8 (14644 Rockford School Rd); lot rented for $200/mo
Lot 9 (14656 Rockford School Rd); park owned home rented for $700/mo
Lot 10 (14668 Rockford School Rd); lot rented for $200/mo
Lot 11 (14684 Rockford School Rd); park owned home rented for $600/mo
Lot 12 (14700 Rockford School Rd); park owned home rented for $700/mo
Lot 13 (14704 Rockford School Rd); vacant; home uninhabitable and will be removed before auction (est. $200/mo lot rent)
Lot 14 (14708 Rockford School Rd); vacant lot (est. $200/mo rent)
Lot 15 (14712 Rockford School Rd); park owned home rented for $700/mo
$5,115/mo current rental income + $600/mo vacant (3 vacant lots) = $5,715/month potential at current rates
AGENT ON SITE
Wed, June 14 from 4-6PM (agent at 14700 Rockford School Rd)
Wed, June 21 from 4-6PM (agent at 14700 Rockford School Rd)
Sun, June 25 from 1-3PM (agent at 14700 Rockford School Rd)
Private tours may be available other days by appointment
Drive by viewing ok during daylight hours. Do not disturb tenants.
TERMS SUMMARY
10% deposit due day of sale by cash or good check. Closing on or about 30 days. 5% buyer's premium. Property sells absolute to high bidder. See website for full terms and conditions.
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Research Parcel InformationDirections
From Lynchburg, US-29S to Altavista. Take the US-29 Business exit for Hurt. At end of ramp, RIGHT on Highwayview Rd. 1/4mi to RIGHT on Harbor Dr. 1.2mi to RIGHT on Rockford School Rd. Park is on the right.
From Danville: US-29N to Altavista. Take the US-29 Business exit for Hurt. At end of ramp, LEFT on Highwayview Rd. 1/4mi to RIGHT on Harbor Dr. 1.2mi to RIGHT on Rockford School Rd. Park is on the right.