Contact Information

Property Description

This beautiful, thriving community in Warren County, with 57 acres of land (plus 10-acres more available adjacent), has multiple expansion opportunities. It is located minutes from two interstates and within a commutable distance to Washington, DC.

The park currently has 24 spacious lots completed, 6 additional lots (to be completed later), 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 over $14,000.00 (as of May 2018) with very low expenses. (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 $4,800.00 to $5,700.00 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 8 potential lots mentioned above).

The property includes three wells, multiple conventional drain fields, a 2-car garage, a large barn (office/maintenance space), 12-remodeled mobile home units in good shape, and state-specified roads.

We currently collect $400 to $450 monthly lot rent (for those 12 tenants who own and reside within their own mobile home). We currently collect $800 and up average monthly mobile home rent (for those 12 tenants who rent the mobile home on the lot). Our mobile home inventory (12-completely remodeled units) is estimated at over $300,000 total.

Asking price is $2,500,000 firm. However, we would consider selling half the park to a qualified buyer for a lesser amount. No owner financing is available. Call us to find out more: 540-539-1303, between 9am and 7pm EST; or send us a personal email: swandns@hotmail.com.

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

Location

A partially-wooded, quiet community, located just minutes from the town limits of Front Royal. Front Royal offers access to a major interstate highway, multiple industrial areas for employment, new construction, new shopping centers, and several recreational areas (Shenandoah National Park, Shenandoah River State Park, Skyline Caverns, etc).

Mobile Home Park Details

  • Price: $2,500,000
  • Property ID: 235166
  • Posted on Jul 31, 2012

Amenities

  • Storage
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Park Information

Number of MH Lots: 24
Size: 57.0 acre(s)

Utility Information

Water: Well
Water Paid By: Park
Sewer: Septic

Park-Owned Homes

Number of Park-owned Homes: 12

Map

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