Goodview, VA 24095
MLS# 895405
Property Description
Beautiful mountain property with quality road frontage located just a short drive from Route 24 and Smith Mountain Lake. Seclusion, amazing views, potential building sites, and a convenient location await the new owner. Own your own mountain with a gated entrance and gravel road. The well hidden cell tower on the property will earn a steady revenue stream of $1075 per month which goes up 3% yearly, and we have already had offers of 240k to purchase the cell tower lease, so that opportunity awaits the new owner. Timber Value 200k documented timber cruise! The property is listed at 625,000 and it returns 240,000 immediately and has another 200,000 in timber asset value. That is the equivalent of paying 185,000 for 111 acres, or 1,665 per acre! High speed internet, electric on site!
Listing Office: WHITETAIL PROPERTIES REAL ESTATE LLC
Last Updated: September - 27 - 2024
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