Mobile Home Park Details

Purchase Method: Cash, New Loan
Cap Rate: 6.0%
Listing ID: 112272
Posted On: Dec 22, 2011
Updated On: Apr 15, 2013

Description

River View Mobile Home Park near Charles Town WV with good cash flow and valuable future build-out potential. Property is east of town located just off a major commute corridor for easy access to employment centers. The parcel includes more than 1200 feet of Shenandoah River frontage, and sits on elevated land well above the flood zone. There are 17 pads with half of the trailers owned by the occupants. A significant adjacent parcel will likely produce water and sewer taps for this land making it ideal and ideal hold parcel for future development. Six additional 50' x 50' campground sites rent out for the summer across the street. Call for particulars.

Location

Property is east of town located just off a major commute corridor (Route 9 - Charles Town Turnpike) for easy access to employment centers. The parcel includes more than 1200 feet of Shenandoah River frontage, and sits on elevated land well above the flood zone. There are 17 pad sites with half of the trailers owned by the occupants. A significant adjacent parcel will likely produce water and sewer taps for this land, making it ideal as a "hold" parcel for future development. Six additional 50' x 50' campground sites rent out for the summer across the street. Call for particulars.

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