Contact Information

Mobile Home Park Details

  • Price: Call for Price
  • Listing ID: 6716865
  • Posted On: Sep 3, 2024
  • Updated On: Sep 10, 2024

Description

Sunstone Real Estate Advisors in pleased to exclusively offer this four-park portfolio in Virginia, comprising communities located in the dynamic cities of Blacksburg and Roanoke. With a total of 395
sites, these properties are strategically positioned to offer convenient access to key local amenities and attractions. The communities boast an impressive overall average occupancy rate above 90%, indicating their strong appeal and demand. Located within a 10-minute drive of Virginia Tech, the Blacksburg sites benefit from the university's significant local influence. The Roanoke properties are similarly well positioned, just 10 minutes from the city's vibrant downtown area. On-site management teams are in place, ensuring smooth day-to-day operations. Additionally, the portfolio offers considerable growth potential, with the possibility of expanding onto undeveloped sites within the communities.

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Park Information

Number of MH Lots: 395

Financial Information

Net Operating Income: $1,839,695

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