Active

Lexie Ln

Front Royal VA, 22630

$2,700,000


Active

Commercial

Built in 1983

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.

VAWR2006918

MLS ID

December 21, 2023

Listed

December 4, 2024

Updated

Map

Lexie Ln
Front Royal VA, 22630

Interior Features

Appliances

Electric Water Heater


Fireplace

No


Cooling

No


Heating

Yes

Exterior/Building Features

Lot Size

36.56 Acres


Sewer

Septic Tank

Other Property Details

Taxes

$4,010


Tax Frequency

Annually


Days on Market

350


Garage

No


Parking Total

4


View

No


County

WARREN


Water Source

Shared Well


Pool

No

Listed by Sager Real Estate
Listing Contact: 5403351387 

The IDX display contains information sourced from the Bright MLS, Inc. as of 12/4/2024. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 12/4/2024 at 3:23 PM UTC

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