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| List Price: |
$650,000 |
| Bedrooms: |
0 |
| Full Bathrooms: |
0 |
| Half Bathrooms: |
0 |
| Square Footage: |
3 |
| Property Type: |
Multi-Family Home |
| MLS#/Listing ID: |
31365 |
| Express Listing: |
2472419 |
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Description
71 units total with 66 spaces to accommodate single wide units, 4 double wide unit spaces, and one small space for RV or 50 foot home. Operation has been ongoing for about 5 years so lease up period is still ongoing. 50 units leased at this time. Owner is at office trailor on regular basis and has been very selective on tenant base - partial reason for 21 units still vacant at this time. Park area was professionally engineered with survey plat, water and sewage schematic, and electric diagram. All streets are paved with long entrance road. Owner will provide the boundary survey update which is approximately 20 acres. The excess land is more for privacy and scenic entrance drive to the park. All units enjoy a spectacular mountain view which does enhance the lease of spaces in this park. Small recreational area - a sand volley ball court. Equipment items included are ample enough for full maintenance of park and streets. School bus does come into park but entrance drive is privately maintained. Subject property is located behind the Brushfork National Guard Armory and off of the Old Armory Road in the Brushfork area just north of Bluefield. This is a suburban location with no zoning but does have all public utilities. This property is convenient to both Bluefield West Virginia and the Bluefield Virginia areas including Falls Mills and Pocahontas - both in Virginia. Besides the special use property - the armory, the area is considered a predominantly residential market area. Subject property is a 71 unit mobile home park with paved streets, off street parking for each rental space and a single wide office trailor. Only two single wide homes are owned by the owner of the park so the main emphasis here is the lot rentals - the real focus for this type of property. The tenants pay for water and sewage. The owner pays for the trash pick-up, a dumpster set near the office trailer. Topography is sloping. Good drainage appears in place. Fantastic view from sites. The park construction is terraced with most site areas having level topography. Equipment shed is present at the office trailer area - equipment items are included for street maintenance and snow removal. Class operation.
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