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Us Route 522

BERKELEY SPRINGS, WV 25411
  • $1,600,000
  • STATUS: Active
  • ON SITE: 273 Days
  • ID#: WVMO2003452
UPDATED: 131 min ago
$1,600,000
  • 0
    BEDS
  • 16.62
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1970
County:

School Ratings & Info

School District:

Description

This is an amazing investment opportunity! Established mobile home park comprised of 16.62 acres split into 60 total lots. So much earning potential here! Currently 25 lots are rented, with 35 additional lots available. Of the 25 currently rented lots, 15 have park-owned mobile homes, each rented for between $500 and $1050. From day one, you have over $14,000 in existing rents. Two more park-owned units are under renovation. The additional lot/mobile home rent will deliver another $10,000 per month. Current expenses average $2500 per month. The park is currently on well water with an on-site "wetlands" septic system. Park covers lawn maintenance, snow removal and taxes. Also, public water and public sewer is on the way. Scheduled to be completed by Spring of 2026. And the much-awaited Berkeley Springs Bypass is already underway. So great commercial potential for this 16+ acres. Call today for more information!

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©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-18T18:52:45.593.
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Us Route 522 BERKELEY SPRINGS, WV 25411

  • Price: $1,600,000
  • Status: Active
  • On Site: 273 Days
  • Updated: 131 min ago
  • ID#: WVMO2003452
0
Beds
0
Baths
0
½ Baths
16.62
Acres
1970
Built
County:
Morgan
School District:
Morgan County Schools
Property Description
This is an amazing investment opportunity! Established mobile home park comprised of 16.62 acres split into 60 total lots. So much earning potential here! Currently 25 lots are rented, with 35 additional lots available. Of the 25 currently rented lots, 15 have park-owned mobile homes, each rented for between $500 and $1050. From day one, you have over $14,000 in existing rents. Two more park-owned units are under renovation. The additional lot/mobile home rent will deliver another $10,000 per month. Current expenses average $2500 per month. The park is currently on well water with an on-site "wetlands" septic system. Park covers lawn maintenance, snow removal and taxes. Also, public water and public sewer is on the way. Scheduled to be completed by Spring of 2026. And the much-awaited Berkeley Springs Bypass is already underway. So great commercial potential for this 16+ acres. Call today for more information!
Exterior Features

Architectural Style Modular/Pre-Fabricated Construction Materials Aluminum Siding Garage YN No Parking Types Other Pool No Pool Water Access YN No Water View YN No Waterfront YN No

Interior Features

Above Grade Fin SQFT 0 Below Grade Finished Area 0 Below Grade Unfinished Area 0 Cooling Other Heating Heat Pump(s)Baseboard - Electric Heating YN Yes Single Room Units 0 Three Bedroom Units 0 Two Bedroom Units 4

Property Features

Accessibility Features None Central Air YN No Cooling Fuel Electric Foundation Details Other Heating Fuel Electric Hot Water Electric Municipality Rock Gap Navigable Water YN N New Construction YN No Number Of Units Total 4 Original MLSNumber 802555288322 Ownership Interest Fee Simple Property Sub Type Other Sale Type Standard Sewer On Site Septic Structure Design Type Detached Tax Annual Amount 3505.00 Vacation Rental YN No Water Source Well-Shared Zoning 213

Listing courtesy of RE/MAX Real Estate Group: .


©2024 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Pearson Smith Realty. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2024-05-18T18:52:45.593.
 
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