188 Locust LN, Penhook, VA 24137 (MLS# 858085)
Penhook, VA 24137
MLS# 858085
Property Description
SMDL is a full service marina w/ boat launch, Grill/restaurant/snack bar, fuel, covered & uncovered rental boat slips, in addition to 7 efficiency rental units w/ kitchens & a 2BR single family rental home. There are also 2 more single family homes on-site, currently used by mgmt and the on-site boat rental operator. The property has room to grow and offers the possibility to place 50± cabins on-site or a 78± space RV park in the former mobile home park, now vacant, with well/water and septic/sewer infrastructure in-place. This prime property is located near one of the busiest parts of SML, between SM Dam and Vista Point. Now bank owned, there is huge upside potential to make this a high income producer w/ vision for the future and on-site mgmt. Motivated Seller. Price Reduced.
Listing Office: WOLTZ & ASSOCIATES
Last Updated: August - 20 - 2021
All searches are performed on live data on the MLS server. Although the Multiple Listing Service of The Roanoke Valley is the single source for these listings, listing data appearing on this website does not necessarily reflect the entirety of all available listings within the Multiple Listing Service. All listing data is refreshed daily, but its accuracy is subject to market changes. All copyrights and intellectual property rights are the exclusive property of the Multiple Listing Service of The Roanoke Valley. Whether obtained from a search result or otherwise, visitors to this website may only use this listing data for their personal, non-commercial benefit. The unauthorized retrieval or use of this listing data is prohibited.
Saturday 27th of April 2024 01:20 AM