Contact Information

Woodford Properties
Woodford Properties

Mobile Home Park Details

  • Price: $350,000
  • Purchase Method: Cash, New Loan
  • Listing ID: 6837592
  • Posted On: Mar 6, 2025
  • Updated On: Mar 6, 2025

Description

20 lot MHP just 45 min outside of Morgantown. Creekside Estates has 20 lots with 5 occupied and 15 vacant. Half of the park has new water/sewer lines along with a couple of new power poles and meters. There is an old garage/shop that could be fixed up and rented out for storage or add coined laundry (there is a need for a laundromat in the area) or tear it down and put a doublewide there (town approved this). There is one site that was converted to RV with 50 amp and full hook ups. New sign and mailboxes installed. Quiet peaceful setting with a creek running behind the park (not in a flood zone). Lot rents are currently at $315 with plans to increase to $350 later this year. May have a 6th home coming in soon. Operating expenses are very low. Park only pays for electric for the outside light which is about $25 per month. Taxes are about $1200 for the year. All homes are TOH.

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Park Information

Community Type: All Age
Number of MH Lots: 20
Year Built: 1975
Average MH Lot Rent: $315
Size: 2 acre(s)

Lot Information

Singlewide Lots: 19
Doublewide Lots: 1

RV Information

Number of RV Lots: 1
Average RV Lot Rent: $350

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

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