Contact Information

Mobile Home Park Details

  • Price: $795,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1468088
  • Posted On: Jun 30, 2021
  • Updated On: Jun 30, 2021

Property Description

A Great opportunity for the investment enthusiast to own a small mobile home park sited along Route 11 in Inwood WV. The park also includes 2 single family homes so you can live onsite and watch your investment grow. All Mobiles are seller owned with the exception of one, who lot rents only. All sites are individually electric metered as well as water & sewer metered. Units range in age but are all maintained as needed. Monthly income is $7800.00. Great road frontage on Route 11 would allow additional growth into commercial spots. Think of the possibilities. What is your vision. Property is being sold as is, where is. Showings are by appointment only. Purchaser to perform all due diligence. Elementary school should be verified. All units are currently rented.

Location

Rte.11S of Inwood off I81 at exit 5. High visibility location with private mobile setting

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 11
Total Occupancy: 100.0 %
Average MH Lot Rent: $600
Size: 3 acre(s)

Financial Information (Actual)

Gross Income $90,000
Operating Expense $40,000
Expense Ratio 44.4 %
Debt Info

Utility Information

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

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