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!
Sold for $1,600,000 on 01/15/25
$1,600,000
Us Route 522, Berkeley Springs, WV 25411
8beds
--baths
--sqft
Multi Family
Built in 1970
-- sqft lot
$371,400 Zestimate®
$--/sqft
$-- Estimated rent
Home value
$371,400
$279,000 - $494,000
Not available
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: February 25, 2025 at 06:50am
Listed by:
Matt Ridgeway 304-728-7477,
RE/MAX Real Estate Group
Bought with:
Matt Ridgeway
RE/MAX Real Estate Group
Source: Bright MLS,MLS#: WVMO2005638
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 8
Basement
- Area: 0
Heating
- Heat Pump, Baseboard, Electric
Cooling
- Other, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 0
Property
Parking
- Parking features: Other
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 16.62 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 06 9001300020000
- Zoning: COM/RES
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Aluminum Siding
- Foundation: Other
Condition
- New construction: No
- Year built: 1970
Utilities & green energy
- Sewer: On Site Septic
- Water: Well-Shared
Community & neighborhood
Location
- Region: Berkeley Springs
- Municipality: Rock Gap
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2025 | Sold | $1,600,000 |
Source:  Bright MLS #WVMO2005638 | ||
| 8/14/2024 | Listing removed | $1,600,000 |
Source: Bright MLS #WVMO2003450 | ||
| 8/18/2023 | Listed for sale | $1,600,000 |
Source: Bright MLS #WVMO2003450 | ||
Public tax history
Tax history is unavailable.
Neighborhood: 25411
Nearby schools
GreatSchools rating
- NAWidmyer Elementary SchoolGrades: PK-2Distance: 5.6 mi
- 5/10Warm Springs Middle SchoolGrades: 6-8Distance: 7.2 mi
- 8/10Berkeley Springs High SchoolGrades: 9-12Distance: 5.9 mi
Schools provided by the listing agent
- District: Morgan County Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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