Lexie Ln, Front Royal, VA 22630 | For Sale

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For Sale $2,700,000

$2,700,000
  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 1,592,554 Sq Ft

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.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


The income description goes here to explain

Expenses

Property Details

List Price $2,700,000
Property Type Manufactured
Usable Sqft Unknown
Number of Stories 0 stories
Parking Spots 0 spots
Year Built 1983
Last Sold Unknown
Sold Price Unknown
APN # 19 120C
MLS # VAWR2006918
Property ID 320129518
Lot Sqft 1,592,554
Zoning A
Days on Market 346
Original List Price Unknown
Date Updated August 14, 2024
Date Created December 20, 2023

Listing Provided By

Melissa D Crider an agent of Whitetail Properties Real Estate, LLC. Lic #0225063448


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Data last updated: November 30, 2024.
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