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Edgewood MHC 36 Evening Star Ln 39 Unit Mobile Home Park $1,733,662 CAD ($44,453 CAD/Unit) Martinsville, VA 24112



Investment Highlights
- Includes 39 total units in a mobile home community and apartment configuration.
- Occupancy is reported at 84.6%.
- Multiple employment centers are located within approximately two miles.
- Property includes 17 park-owned homes.
- Grocery store located within one-half mile of the property.
- Served by public utilities.
Executive Summary
Edgewood MHC is a 39-unit mobile home community and apartment property located at 36 Evening Star Ln in Martinsville, Virginia. The offering includes 17 park-owned homes and is served by public utilities. Current occupancy is reported at 84.6%, providing investors with an opportunity to increase performance through occupancy growth and rental optimization.
The property benefits from proximity to everyday services and regional employment drivers. A grocery store is located within one-half mile of the community, while multiple employment centers are situated within approximately two miles. The Martinsville metropolitan area has a reported population exceeding 64,000 residents, supporting local housing demand and workforce accessibility.
The combination of existing occupancy, public utility service, and a mix of mobile home community and apartment components provides a foundation for operational improvement. Investors have the opportunity to evaluate leasing and management strategies that may support future income growth while serving residents seeking housing options near employment and neighborhood amenities.
The property benefits from proximity to everyday services and regional employment drivers. A grocery store is located within one-half mile of the community, while multiple employment centers are situated within approximately two miles. The Martinsville metropolitan area has a reported population exceeding 64,000 residents, supporting local housing demand and workforce accessibility.
The combination of existing occupancy, public utility service, and a mix of mobile home community and apartment components provides a foundation for operational improvement. Investors have the opportunity to evaluate leasing and management strategies that may support future income growth while serving residents seeking housing options near employment and neighborhood amenities.
Property Facts
| Price | $1,733,662 CAD | Building Class | C |
| Price Per Unit | $44,453 CAD | Lot Size | 3.17 AC |
| Sale Type | Investment | Building Size | 10,000 SF |
| No. Units | 39 | Average Occupancy | 85% |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1960 |
| Zoning | SR - Suburban Residential District | ||
| Price | $1,733,662 CAD |
| Price Per Unit | $44,453 CAD |
| Sale Type | Investment |
| No. Units | 39 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 3.17 AC |
| Building Size | 10,000 SF |
| Average Occupancy | 85% |
| No. Stories | 1 |
| Year Built | 1960 |
| Zoning | SR - Suburban Residential District |
Somewhat walkable
30/100
Exceptionally drivable
90/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 037500021 | Improvements Assessment | $449,769 CAD |
| Land Assessment | $213,880 CAD | Total Assessment | $663,650 CAD |
Property Taxes
Parcel Number
037500021
Land Assessment
$213,880 CAD
Improvements Assessment
$449,769 CAD
Total Assessment
$663,650 CAD
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Edgewood MHC | 36 Evening Star Ln
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