2-98 Triple Court Drive Honaker, VA $ 385,000
2-98 Triple Court Drive
$ 385,000
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2-98 Triple Court Drive

Honaker, VA, 24260
$ 385,000
Bedrooms-- Baths--

Monthly Estimate*

$ 2,659

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Commercial Property for sale in Honaker, VA

for $385,000. This building was built in 2026.

INVESTMENT OPPORTUNITY IN HONAKER, VA! Established mobile home park offering steady income, low maintenance, and room for additional revenue. The property currently has 14 occupied pads renting for $200 per month on month-to-month rentals, generating $33,600 in annual gross rental income. Tenants own their mobile homes, each unit is separately metered, and tenants are responsible for their own utilities and lawn care. The park is served by public water and public sewer, eliminating the maintenance concerns associated with private wells and septic systems. Annual lighting expense is only $276. Owner is responsible for property taxes and insurance. In addition to the 14 occupied pads, there are 4 vacant lots with potentially 5-7 additional spots to add pads, offering excellent potential for increased income $12,000 - $16,800. At the current $200 monthly lot rent, full occupancy (could increase gross rental income to approximately $45,600- $50,400 annually). This is an excellent opportunity for an investor seeking an established income-producing property with tenant-owned homes, minimal day-to-day maintenance, and additional income potential. Steady income, low maintenance, and room to grow—an investment opportunity worth a closer look!

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Commercial Active

Price

$ 385,000

Property Type

Commercial

Taxes

$ 613

Style

Year Built

2026

Town/City

Honaker

County/Region

Russell

MLS | Web ID

112614

Features
General
Sewer Public Sewer
Heating Other
Cooling Other
Utilities Other
Possession Close Of Escrow
Roof Other
Zoning Comm
Construction Materials Other
Year Built 2026
Tax Year 2025
County Russell
Property Type Business Opportunity
Status Active
Directions At the intersection of Rt 19/80 at Rosedale travel toward Honaker for 5 miles. Turn right onto Putnam Bypass. Mobile home park and sign on right at Triple Court Drive.
City Honaker
MLS Area Honaker
Tax Annual Amount 613.74
Building Area Units Square Feet
Living Area Units Square Feet
Standard Status Active
Tax Lot 1-14 ; 1-10
Freehold IDX BBO
Current Use Other
Gross Income 33600
Net Operating Income 31712.26
Structure Type Other-See Remarks
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Interior
Flooring See Remarks
Air Conditioning Y/N true
Heating Y/N true
Below Grade Finished Area Unit Type Square Feet
Above Grade Finished Area Unit Type Square Feet
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Exterior
Exterior Amenities See Remarks
Lot Features City Lot
Water Source Public
Building Area Total 0
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* Excluded Features
List By
Cedar Realty Group

Broker

Connie@choosecedar.com

Email

Affordability Calculator

$2,710
Per Month
98%
2%
0%
Monthly Principal & Interest
$2,659
Monthly Property Taxes
$51
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/6/2026$385,000 Listed Price

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2-98 Triple Court Drive, Honaker, VA, 24260 is a Commercial Property for sale at $385,000. 2-98 Triple Court Drive was built in 2026. The property's zip code is 24260 which is in Honaker, VA