This beautiful, thriving community in Warren County with 57 acres of land has multiple expansion opportunities. It is located minutes from two interstates and within a commutable distance to Northern Virginia area/Washington, DC.

The park currently has 24 spacious lots with homes on them, 6 additional lots (partially-completed/in-progress), and 8 more lots for possible future expansion (completed soil work only). All lots have permits and mobile homes can be replaced as needed. This property still has several acres leftover beyond those areas for recreation or personal use. There is no flood plain.

Park currently has a monthly income of $19,075 (as of Dec. 2021) at full occupancy. The mobile home park has very low expenses at 14% monthly set expenses (approx $2,677 per month). If you would like detailed income/expense records, please contact us by phone. Also, when the 6 additional lots are completed in the future, there will be $5,850 to $6,300 more in monthly income. If you were to convert the current lot rent spaces into rental units, the additional income would increase too. There is more space available for potential expansion beyond this as well (considering the additional 8 potential lots mentioned above).

The park stays at 100% occupancy, unless a unit is being remodeled. Currently, we have one unit housing a family member and one unit for our office space. All tenants are required to maintain their yards/mowing and pay utilities. The park management provides a community trash receptacle for tenant's use, septic and water (all three included in the rent.)

Property includes three in-use wells (and a 4th viable well that can be used), multiple conventional drain fields, a 2-car garage, a large barn (office/maintenance space), 16 park-owned remodeled mobile home units in good shape, and state-specified roads. The 16 mobile homes are valued at $480,000 combined. There are currently 8 tenant-owned mobile homes.

We currently collect $500 monthly lot rent (for those 8 tenants who own and reside within their own mobile home). We currently collect average $975 and up monthly mobile home rent (for those 16 tenants who rent the mobile home on the lot). Our rent prices are below-average for the area, which has seen a jump in rental rates recently and has a huge demand for rentals.

Water meters are currently not installed, but we have priced them out and are considering that option. This would be managed by an outside company who would bill the tenants, if that option is chosen.

Asking price is $2,500,000 firm. Absolutely NO owner financing is available. Potential buyers must provide documentation of the financial ability to purchase. Email property manager, Magie, at sammag58@aol.com and give her your name/phone number. She will be happy to contact you.

We are available to help the new owner transition into the management phase with agreed-upon terms.

(Listing updated 01.20.2022)
(Listing was removed 09.28.2022 at owner's request)