Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group
HarrisonburgInvestmentProperties.com
 A service of Scott P. Rogers, Associate Broker, Funkhouser Real Estate Group 540.578.0102 | scott@HarrisonburgHousingToday.com 

College Rentals Multi Family Properties Newer Townhouses Upscale Townhouses Slightly Older Townhouses Foreclosures Bank Owned Properties
MULTI FAMILY PROPERTIES
32 Sweet Magnolia Ln, Rockingham, VA 22802     $1,800,000
MLS# 596193    For Sale
Area: Rockingham
Circa: 2009 (11 years old)
Lot Size: 1.51 acres
Days on Market:   270 (since Oct 9, 2019)
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. Gross income over $210K annually. Strong rental history with low vacancy rates, and many long-term tenants. Currently fully leased on a weekly or monthly basis. Tenants could be converted to annual lease to make property management more convenient.
 

Learn About Investing   Investment Analysis Tools
Have Questions?  Contact Scott P. Rogers at 540-578-0102 or scott@HarrisonburgHousingToday.com.