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
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