Thank you
Matthew P Ridgeway
RE/MAX Real Estate Group
304-728-7477
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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Water Source : Well-Shared
Sewer: On Site Septic
Lot Size: 723,967
Lot Size (Acres): 16.62
Main Square Feet: 723,967
Total Lot SQ ft: 723,967
Subdivision: NONE AVAILABLE
Total Acreage: 16.62
Possession: Settlement
Days Of Market: 229
Annual Tax: $3,505
Tax Year: 2022
Total Taxes Payment Frequency: Annually
Settlement
Taxes Assessment Amount: $291,900
Direction: From I-81 take exit 16W towards Hedgesville. Go approximately 22.8 miles then take a left onto US 522. In about 5.7 miles turn right onto Fiddlers Ln.
School District: MORGAN COUNTY SCHOOLS
Water Source: Well-Shared
Sewer: On Site Septic
Direction: From I-81 take exit 16W towards Hedgesville. Go approximately 22.8 miles then take a left onto US 522. In about 5.7 miles turn right onto Fiddlers Ln.
Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
---|---|---|---|---|---|
Route 9 , Berkeley Springs, WV,25411 | $565,500 | -- | -- | 3,511,372 | 3511371.6 Sqft |
Clearfield Drive , Berkeley Springs, WV,25411 | $120,000 | -- | -- | 348,480 | 348480 Sqft |
580 Tuscarora Trail , Berkeley Springs, WV,25411 | $313,000 | 3 | 2.0 | 2,714 | 82808 Sqft |
Lot 3a, Old Mill Manor .., Berkeley Springs, WV,25411 | $117,000 | -- | -- | 100,014 | 100014 Sqft |
Timber Ridge , Berkeley Springs, WV,25411 | $150,000 | -- | -- | 522,720 | 522720 Sqft |
LOT 33 Circling Hawk La.., Berkeley Springs, WV,25411 | $30,000 | -- | -- | 122,839 | 122839 Sqft |
Us Route 522 , Berkeley Springs, WV,25411 | $1,600,000 | -- | -- | -- | 723967.2 Sqft |
Plum Tree Lane , Berkeley Springs, WV,25411 | $100,000 | -- | -- | 183,388 | 183387.6 Sqft |
11 Gray Ridge Lane , Berkeley Springs, WV,25411 | $199,900 | 3 | 1.0 | 883 | 111949.2 Sqft |
Somers Lane , Berkeley Springs, WV,25411 | $45,000 | -- | -- | 196,020 | 196020 Sqft |
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ByOwner last updated this listing 04/28/2024 @ 20:44
MLS: WVMO2003450
LISTED BY: Matthew P Ridgeway , RE/MAX Real Estate Group
SOURCE: BRIGHT MLS
Buyer Agency Compensation: 2.5%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.