Modular/Pre-Fabricated
US ROUTE 522
BERKELEY SPRINGS , WV 25411
MLS#: WVMO2005638
$1,600,000
Property
Beds
8
Full Baths
None
1/2 Baths
None
Year Built
1970
Sq.Footage
N/A
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!
Features & Amenities
Interior
-
Total Bedrooms
8
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Other, Electric
-
Heating YN
YES
-
Heating
Electric, Baseboard, Heat Pump
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Construction Materials
Aluminum Siding
-
Parking
Other
-
Pool
Yes
-
Pool Features
None
-
Waterfront YN
NO
Area & Lot
-
Lot Size(acres)
16.62
-
Property Type
Residential Income
-
Property Sub Type
Multi Family
-
Architectural Style
Modular/Pre-Fabricated
Price
-
Sales Price
$1,600,000
-
Sq. Footage
N/A
-
Price/SqFt
N/A
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
Foundation Details
Other
-
Sewer
Septic Tank
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Location
County
MORGAN
Elementary School
Middle School
High School
Listing Courtesy of Matthew P Ridgeway , RE/MAX Real Estate Group
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AGENT
Catie Snider
Call Catie today to schedule a private showing.
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