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Manufactured Housing Mobile Home Park For Sale • 7,372 SF
Income producing 12-unit mobile home park on 3.26 ac. (additional land available). Sale includes 10 park owned mobile homes to transfer by Bill of Sale. Currently 6 homes are rented for an income of $2,700/month. At 50% occupancy, there is lots of opportunity for additional income from lot rents or home rehabs. Park is served by (1) well, (3) septic systems, and individual electric meters. Owner pays maintenance, electric for well, dumpster, lawn, and insurance. Great location on Rt. 40 just one mile off US-29. Motivated seller - bring offers. Additional land available. Owner financing a possibility.
| Convenient Location near hospital and US 29/40 |
| Potential for growth |
| Well service with 3 septic systems |
| All seller owned mobile homes with additional spaces for lot rental potential |
| Additional land available for additional home sites/expansion potential |
| Cap Rate: | 10.00 % |
| Total Expenses: | $4,271 USD |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Lynchburg Regional/Preston Glenn Field | 49 min | - | 35.3 mi |
Micah Torrence
Coldwell Banker Commercial Read & Co
Micah Torrence
Coldwell Banker Commercial Read & Co
