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Address is 4020 E. Little Creek Rd Norfolk, VA 23518

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Princess Anne Mobile Home Park

Mobile Home Community for Sale in Norfolk, Virginia

4020 E. Little Creek Rd
Norfolk, VA 23518

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Sale Price: $1,200,000

Mobile Home Park for Sale

Number of MH Lots: 21
Size: 1.8 acre(s)
Cap Rate: 0.0%
Purchase Method: Cash, New Loan
Status: Active
Property ID: 707992
Posted on: Sep 25, 2016
Updated on: Sep 24, 2017
Price: $1,200,000

Property Description

Small, 21-lot park across street from shopping center, fronting highway, one block from major intersection and military base. Ideal location for development of new business serving military and resort populations. Area trending strongly upward.

Park Information

Number of MH Lots:21
Total Occupancy:90.0%
Year Built:1952
Average MH Lot Rent: $450
Size:1.8 acre(s)

Financial Information

Gross Income$0
Operating Expense$0
Net Operating Income$0
Debt Infona

Lot Information

Singlewide Lots:21
Doublewide Lots:0
Triplewide Lots:0
Park Model Lots:0

RV Information

Number of RV Lots:0
Average RV Lot Rent: $0

Utility Information

Water Paid By: Tenant - Submetered

Park-Owned Homes

Number of Park-owned Homes:0
Average Rent for Park-owned Homes: $0