The Colliers Midwest Manufactured Housing Group is pleased to offer Charis Place MHC, a 22 site manufactured home community located in Point Pleasant, WV. The 22 manufactured home sites are equally divided between two short community-owned gravel roads that branch off Roush Ferrel Drive. Within a 10-minute drive of the community, residents of Charis Place enjoy easy access to a variety of restaurants, shopping, and resources including Marshall University’s Mid-Ohio Valley Campus, Pleasant Valley Hospital, City National Bank, Dollar General, Subway, Wendy’s, and McDonalds.

Charis Place is the home of proud, long-term residents with an appetite for homeownership. Point Pleasant is home to plenty of shipping industry activity where many residents find employment. Within a 15-minute drive of the community, there is a population of 11,000 people with median home values of $87,737 and a homeownership rate of 71.6%, exceeding the national average of 67.9%.

There are currently 18 manufactured homes on-site of which ​ 17 are economically occupied. 16/19 are resident owned, 1/19 ​ is a Park Owned Rental, and 1/19 is a Vacant Park Owned Home. All residents are paying a consistent $175 for site rent. A new operator will enjoy the benefit of ease of ownership with opportunity to increase returns on day 1. The community already has in-place management. The community is on city utilities where all residents are billed directly for water/sewer/garbage/electric/gas and also make their rent deposit at a local bank. There is no common area utility usage, so the owner does not receive any utility bills. A new operator can increase ROI on day 1 by filling a vacant park owned home and vacant sites.

Website Link: http://colliersmanufacturedhousing.com/listing-inventory/charis-place-mhc/