Contact Information
Brian Glen
Mobile Home Park Details
- Price: $70,000
- Purchase Method: Cash
- Cap Rate: 12.0% (Actual)
- Listing ID: 7004303
- Posted On: Jan 16, 2026
- Updated On: Jan 16, 2026
Description
This mobile home park located in Whitesville, West Virginia offers investors a compelling opportunity to acquire a cash-flowing, value-add asset in a market with strong demand for affordable housing and limited competing supply. Whitesville serves as a stable residential area within Boone County, benefiting from regional employment, low housing turnover, and a persistent need for affordable living options.
The property is currently operating at approximately 75% occupancy and generates $1,275 in gross monthly income, providing immediate in-place cash flow with clear upside through stabilization and operational improvements.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 7 |
| Total Occupancy: | 75.0 % |
| Average MH Lot Rent: | $425 |
Financial Information (Actual)
| Gross Income: | $15,300 |
| Operating Expense: | $6,885 |
| Net Operating Income: | $8,415 |
| Expense Ratio: | 45.0 % |
Lot Information
| Singlewide Lots: | 4 |
| Doublewide Lots: | 0 |
| Triplewide Lots: | 0 |
| Park Model Lots: | 0 |
RV Information
| Number of RV Lots: | 0 |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Individual Service |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 7 |
| Average Rent for Park-owned Homes: | $425 |
