Map location of 32 SWEET MAGNOLIA LN, Rockingham, VA 22802
$1,800,000
Unlock Price Rating!

32 Sweet Magnolia Ln, Rockingham, VA 22802

 Contact
- Beds
0 Baths
8,500 Sq Ft

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.

Listing By: Luke Smith - Funkhouser Real Estate Group CharlottesvilleVA Realty.com
  • MLS# 596193
  • Date Listed10/01/2019
  • Bedrooms -
  • Bathrooms
  • Lot Size 1.51 acres (65,776 sq. ft)
  • Sewer Public Sewer
  • Subdivision NONE
  • Property Type Apartment
  • County Rockingham
  • Year Built 2009
  • Water Public
  • Square Feet 8,500 sq. ft
  • Price Per Sq. Ft $211.76

Interior Features

  • Appliances Electric Range, Microwave
  • Flooring Carpet, Vinyl
  • Cooling Central Air
  • Heating Electric

Exterior / Lot Features

  • Exterior Storage
  • Roof Composition, Shingle
  • Lot Size Acres 1.51
  • Lot Size SQFT 65,775.60
  • Lot Features -

Directions

Exit 251 off I-81. North on Route 11. Complex on left across from Huffman Trailers.

Financial Considerations

  • Tax Amount $6,917
  • Terms Cash, Conventional, FHA, VA Loan

Nearby Schools

Source: School Digger

Linville-edom Elementary School

Public • PK - 5 • Serves this home

4.46 mi

Distance

Smithland Elementary School

Public • PK - 5

4.93 mi

Distance

Waterman Elementary School

Public • PK - 4

5.57 mi

Distance

Lacey Spring Elementary School

Public • PK - 5

6.53 mi

Distance

Keister Elementary School

Public • PK - 5

6.82 mi

Distance

Skyline Middle School

Public • 6 - 8 • Serves this home

4.93 mi

Distance

Thomas Harrison Middle School

Public • 6 - 8

6.86 mi

Distance

Minnick Education Center - Harrisonburg

Private • KG - 12

4.35 mi

Distance

Eastern Mennonite School

Private • 09 - 12

4.58 mi

Distance

Redeemer Classical School

Private • PK - 10

6.62 mi

Distance

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in VA / 22802

Source: Walkscore

14/100

Car-Dependent

Walk Score ®

23/100

Bikable

Bike Score ®

Overview

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 2/100, Bike Score: 11/100.

Points of Interest near 32 SWEET MAGNOLIA LN, Rockingham, VA 22802

Frequently Asked Questions for 32 SWEET MAGNOLIA LN

Source: Realty.com

32 SWEET MAGNOLIA LN, Rockingham, VA 22802 is a Apartment, Residential property listed for $1,800,000 The property is 8500 sq. ft with - bedrooms and 0 bathrooms

Our records indicate that 32 SWEET MAGNOLIA LN was built in 2009.

The full address for this home is 32 SWEET MAGNOLIA LN, Rockingham, VA 22802.

32 SWEET MAGNOLIA LN has been listed on Realty.com since Tue October 01, 2019

Almost all errands require a car. It is possible to get on a bus. Minimal bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 4/100, Transit Score: 2/100, Bike Score: 11/100.

There are 3 schools assigned to this home. Check out the schools near 32 SWEET MAGNOLIA LN. Linville-edom Elementary School (Grades: PK - 5), Skyline Middle School (Grades: 6 - 8), Spotswood (Grades: 9 - 12)

Listing provided courtesy of: Funkhouser Real Estate Group (tel: 540-434-2400)
Listing agent: Luke Smith (tel: 540-560-9684) (#6447)

This content last refreshed on 2025-12-17 03:20:03. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 32 SWEET MAGNOLIA LN, Rockingham, VA 22802 : MLS# 596193

Message
Tour
Chat