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$ 2,700,000
Est. payment /mo
Active
LEXIE LN Front Royal, VA 22630
36.56 Acres Lot
UPDATED:
12/04/2024 01:53 PM
Key Details
Property Type Mobile Home, Commercial
Sub Type Mobile Home/Campgrounds
Listing Status Active
Purchase Type For Sale
MLS Listing ID VAWR2006918
Originating Board BRIGHT
Year Built 1983
Annual Tax Amount $4,010
Tax Year 2024
Lot Size 36.560 Acres
Acres 36.56
Property Description
Discover the idea of a lucrative real estate venture with this remarkable 36.56-acre mobile home park. Nestled in Front Royal, Va. this property offers a unique blend of tranquility, community, and investment potential.
As you explore the countless features and benefits of this well-managed mobile home park, envision a turnkey investment that promises long-term growth. Whether you're a seasoned investor seeking to diversify your portfolio or a newcomer eager to tap into the mobile home market, Twin Oaks Mobile Home Park presents an unparalleled prospect.
The park-owned mobile homes consist of a total of 20 units, distributed across different eras: 8 homes from the late 1980s, 9 from the late 1990s, and 3 from the mid-2000s. These residences comprise a; mix of two-bedroom and three-bedroom layouts, each featuring two bathrooms. All homes have been renovated and are currently in good condition. Additionally, the property includes auxiliary structures such as a spacious pole barn and a two-bay garage, both utilized by the owner for the park's; management and operations. Among the mobile homes on-site, 3 are tenant-owned, and there is one vacant lot that is approved and prepared for the placement of a new mobile home. Giving it a total of 24 units.
The expansion of the park is ongoing, with six new lots in the process of construction and awaiting the completion of a new land survey. Currently, these lots are 2/3 complete, featuring a newly installed drain field, and two of them are ready for immediate development. The asking price for these lots takes into account the progress made in their development. The county conditional use permit is conveyed to the new owners.
We kindly request that eligible purchasers provide evidence of their qualifications and firmly execute a confidentiality agreement before touring the park and accessing its financial information. Please see all documents uploaded in the MLS.
As you explore the countless features and benefits of this well-managed mobile home park, envision a turnkey investment that promises long-term growth. Whether you're a seasoned investor seeking to diversify your portfolio or a newcomer eager to tap into the mobile home market, Twin Oaks Mobile Home Park presents an unparalleled prospect.
The park-owned mobile homes consist of a total of 20 units, distributed across different eras: 8 homes from the late 1980s, 9 from the late 1990s, and 3 from the mid-2000s. These residences comprise a; mix of two-bedroom and three-bedroom layouts, each featuring two bathrooms. All homes have been renovated and are currently in good condition. Additionally, the property includes auxiliary structures such as a spacious pole barn and a two-bay garage, both utilized by the owner for the park's; management and operations. Among the mobile homes on-site, 3 are tenant-owned, and there is one vacant lot that is approved and prepared for the placement of a new mobile home. Giving it a total of 24 units.
The expansion of the park is ongoing, with six new lots in the process of construction and awaiting the completion of a new land survey. Currently, these lots are 2/3 complete, featuring a newly installed drain field, and two of them are ready for immediate development. The asking price for these lots takes into account the progress made in their development. The county conditional use permit is conveyed to the new owners.
We kindly request that eligible purchasers provide evidence of their qualifications and firmly execute a confidentiality agreement before touring the park and accessing its financial information. Please see all documents uploaded in the MLS.
Location
State VA
County Warren
Zoning A
Interior
Hot Water Electric
Heating Other
Cooling Other
Heat Source Other
Exterior
Garage Spaces 4.0
Water Access N
Accessibility None
Total Parking Spaces 4
Garage N
Building
Sewer On Site Septic
Water Well-Shared
New Construction N
Schools
School District Warren County Public Schools
Others
Tax ID 19 120C
Ownership Fee Simple
SqFt Source Estimated
Special Listing Condition Standard
Listed by Melissa D Crider • Sager Real Estate