Do you want to own rental property in Forest in nice condition that is easy to maintain and rent, then Willow Oak Village is for YOU! A unique property consisting of 17 two bedroom, one bath units. It made up of 5 single family homes, a 3 plex, a 9 plex on 7 acres and views of the Peaks of Otter. Several units have been recently renovated with new granite, cabinets and LVP flooring. Other major work completed including metal roofs on all buildings and new asphalt parking lot and driveway. Owner pays for lawn maintenance, county water and trash pickup. Tenants pay their own electric and each has a heat pump. Each unit has washer/dryer hookups. Forest Schools. Includes a 48 X 24 Garage under the 9 plex used as a shop or storage. All units are on one Deed and can not be separated. All units occupied under annual leases. Could possibly build additional units on the existing property.
Pending
$2,000,000
1120 River Oak Dr, Forest, VA 24551
--beds
--baths
--sqft
Est.:
Multi Family
Built in 1984
-- sqft lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Lvp flooringNew granite
- 166 days
- on Zillow |
- 39 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: February 18, 2025 at 07:17am
Listed by:
Travis Hundt 434-401-5708 travis@thecornerstonerealty.com,
Cornerstone Realty Group Inc
Source: LMLS,MLS#: 355711
Originating MLS: Lynchburg Board of Realtors

Travel times
Facts & features
Interior
Heating
- Heat Pump
Cooling
- Heat Pump
Appliances
- Included: Individual Water Heater, Unit 6(Refrigerator)
- Laundry: Individual Laundry, Unit 6(Washer Hookup)
Features
- Flooring: Carpet, Other, Unit 6 Carpet
- Has fireplace: Yes
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Off Street, Parking Lot, Paved Drive
- Has uncovered spaces: Yes
Features
- Patio & porch: Unit 6(Balcony/Patio)
Lot
- Size: 7.23 Acres
Details
- Foundation area: 0
- Parcel number: 1353828
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Drywall, Paneling, Board & Batten Siding
Condition
- Year built: 1984
Utilities & green energy
- Electric: Southside Elec CoOp, Indiv Meter/Electric
- Sewer: Septic Tank
- Water: County
- Utilities for property: Unit 6 Cable TV
Community & HOA
Location
- Region: Forest
Financial & listing details
- Annual tax amount: $5,544
- Date on market: 11/11/2024
- Lease term: 12 Months
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