Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
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MULTI FAMILY PROPERTIES
32 Sweet Magnolia Ln, Rockingham, VA 22802     $2,500,000
MLS# 567163    For Sale
Area: Rockingham
Circa: 1955 (63 years old)
Lot Size: 1.51 acres
Days on Market:   273 (since Sep 18, 2017)
Listing By: Funkhouser Real Estate Group
Strong multi-family or commercial investment opportunity conveniently located just north of Harrisonburg right off I-81. 32 unit multi-family property consisting of 30 one-bedroom efficiency apartments, 1 three-bedroom unit, and 1 oversized one-bedroom unit. Potential gross income of over $25k per month. Strong rental history with low vacancy rates, and many long-term tenants. Currently fully leased on a weekly or monthly basis.
 

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