Time Tested Safest Investment! Unique Opportunity To Own The Very Definition Of Affordable Housing With Thriving Demand. Monterey, VA Offerscountry living and small town conveniences. 71 Myers Moon is a stick built 3 bedroom 2 bath home with 2023 upgrades that include a new roof, and fresh interiorpainting. 107 Myers Moon consists of a nice doublewide with 2023 upgrades including new HVAC, new roof, paint, flooring and fixtures. 101 Myers Moon is a triplewide on a permanent foundation, taxed as real estate and also received a complete renovation in 2023. There are currently 11 single wide occupied lots and 7additional lots are vacant, adding a significant upside to the current cash flows being realized. All units are on public water and public sewer. Marketed at a 8% CAP onactual NOI.
Monterey is located in Virginia. Monterey, Virginia has a population of 165. Monterey is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 18.53%.
The median household income in Monterey, Virginia is $53,411. The median household income for the surrounding county is $52,901 compared to the national median of $69,021. The median age of people living in Monterey is 77.5 years.
The average high temperature in July is 77.8 degrees, with an average low temperature in January of 15.3 degrees. The average rainfall is approximately 49.4 inches per year, with 50.3 inches of snow per year.
