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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
    $1,627,000 Zestimate®
    $--/sqft
    $-- Estimated rent

    Owner options

    List your home for rent

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    Refinance and save

    $7,444/mo

    Est. payment

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    $7,444/mo

    Est. payment

    What's special

    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!

    Zillow last checked: 7 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#: WVMO2005638MLS Logo

    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