Cowen, WV Mobile Home Park — 15 Lots | $99,000
Value-add mobile home park opportunity in Cowen, WV. 15 total lots with city water and city sewer — no well or septic liability. Currently includes 6 park-owned homes (all vacant/value-add), 2 tenant-owned homes and 6 empty lots with existing water and sewer hook-ups ready for immediate home placement.
Stabilized pro forma projects $5,000/month ($60,000/year) in gross income. Low basis entry well below replacement cost with multiple paths to value: rehab existing POH, place new homes on vacant lots, or raise rents to market. Priced to move at $99,000 — no seller financing.