$575,000
$649,900
11.5%For more information regarding the value of a property, please contact us for a free consultation.
7,855 SqFt
SOLD DATE : 01/10/2023
Key Details
Sold Price $575,000
Property Type Commercial
Sub Type Five Or More Units
Listing Status Sold
Purchase Type For Sale
Square Footage 7,855 sqft
Price per Sqft $73
Subdivision Mineral
MLS Listing ID VALA2002076
Sold Date 01/10/23
Originating Board BRIGHT
Year Built 1960
Annual Tax Amount $1,206
Tax Year 2021
Property Description
Are you looking for an investment where you finally make money??? Well look no further!!! Here it is!! This is a proven money making investment. 9 unit motel that the owners have established with long term tenants, collecting rent each month in the amount of $7280. Property was completely renovated in 2008. Each unit has its own Microwave and small refrigerator. Plenty of parking and lots of demand!!!
Location
State VA
County Louisa
Zoning G-C
Interior
Hot Water Electric
Heating Heat Pump(s)
Cooling Central A/C
Flooring Laminate Plank
Heat Source Electric
Exterior
Garage Spaces 18.0
Water Access N
Roof Type Architectural Shingle
Street Surface Access - On Grade,Alley,Black Top
Accessibility None
Road Frontage City/County
Total Parking Spaces 18
Garage N
Building
Lot Description Backs to Trees
Sewer Public Sewer
Water Public
New Construction N
Schools
Elementary Schools Thomas Jefferson
Middle Schools Louisa County
High Schools Louisa County
School District Louisa County Public Schools
Others
Tax ID 43B2-2-23-7-12
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash, Contract, Conventional
Listing Terms Cash, Contract, Conventional
Financing Cash,Contract,Conventional
Special Listing Condition Standard
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Bought with Sherry D. Palmer • LLoyds Real Estate, LLC
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "