Crest Woods Mobile Home Park 1841 Grit Rd Immeuble residentiel 26 lots 1 182 897 € (45 496 €/Lot) Taux de capitalisation 9,02 % Hurt, VA 24563

Crest Woods Mobile Home Park offers investors a stabilized, income-producing manufactured housing community in the heart of Virginia’s growing Southside economic corridor. Located at 1841 Grit Road in Hurt, the property encompasses 26 pads across 13.08 acres, with half designated as tenant-owned homes and half as park-owned units. With approximately 6.84 acres in active use and remainder acreage available, there is opportunity for additional development or operational flexibility.
The community provides consistent cash flow supported by a strong regional employment base, including major employers such as Abbott Nutrition, Avio USA, and Graham Packaging. Positioned near Altavista and within driving distance of industrial hubs, the park benefits from reliable workforce housing demand and a history of operational stability. Municipal water and septic service are in place, along with a layout that promotes easy access and attractive site flow.
Priced at $1,350,000 and offering a projected Year 1 NOI of $121,779, this asset represents a compelling opportunity to acquire a well-maintained community in a market experiencing sustained job growth and infrastructure investment.