Active
US Route 522
Berkeley Springs WV, 25411
$1,600,000
Active
4 Beds
Residential
Built in 1970
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!
WVMO2003452
MLSⓇ ID
August 18, 2023
Listed
February 21, 2025
Updated
Interior Features
Bedrooms
4
Appliances
Electric Water Heater
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Baseboard, Electric
Exterior/Building Features
Lot Size
16.62 Acres
Architectural Style
Modular/Pre-Fabricated
Sewer
Septic Tank
School Information
School District
MORGAN COUNTY SCHOOLS
Other Property Details
Area Name
Rock Gap
Taxes
$3,505
Tax Frequency
Annually
Days on Market
48
Garage
No
View
No
County
MORGAN
Water Source
Shared Well
Pool
No
Listed by RE/MAX Real Estate Group
Listing Contact: 3047287477
The IDX display contains information sourced from the Bright MLS, Inc. as of 2/21/2025. 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.
©2025 Bright MLS, Inc. all rights reserved.
Data last updated on 2/21/2025 at 12:46 AM UTC
