Description
This is an amazing investment opportunity! Established mobile home park comprised of 16.62 acres split into 60 total lots. So much earning potential here! Currently 25 lots are rented, with 35 additional lots available. Of the 25 currently rented lots, 15 have park-owned mobile homes, each rented for between $500 and $1050. From day one, you have over $14,000 in existing rents. Two more park-owned units are under renovation. The additional lot/mobile home rent will deliver another $10,000 per month. Current expenses average $2500 per month. The park is currently on well water with an on-site "wetlands" septic system. Park covers lawn maintenance, snow removal and taxes. Also, public water and public sewer is on the way! Scheduled to be completed by Spring of 2026. And the much-awaited Berkeley Springs Bypass is already underway. So great commercial potential for this 16+ acres. Call today for more information!
Location
Similar Listings
$1,895,000
7 Beds
4 Baths
MLS# VAFB2004182
ACTIVE
$1,795,000
1 Beds
1 Baths
MLS# WVPT2000480
ACTIVE
No similar listings found
Unfortunately, we don't have any similar listings at the moment. Please remove or change some of the selected filters.
Listing information provided courtesy of the Bright MLS. IDX information is provided exclusively for consumers' personal, non-commercial use, and it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable, but is not guaranteed accurate by the MLS. Updated: 24th September, 2023 3:34 AM (UTC)
Listing Agent: Matthew P Ridgeway
Listing Office: RE/MAX Real Estate Group
Attribution contact: 3047287477 | 3047287477
