Lexie Ln, FRONT ROYAL, VA

$2,700,000

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15,681

Square feet

36.56

Acres

About Lexie Ln

Discover the idea of a lucrative real estate venturewith 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 diversifyyour portfolio or a newcomer eager to tap into the mobile home market, Twin Oaks Mobile Home Park presents an unparalleledprospect. 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 eligiblepurchasers provide evidence of their qualifications and firmly executea confidentiality agreement before touring the park and accessing its financial information. Please see all documents uploaded in the MLS.

Features of Lexie Ln

MLS® # VAWR2006918
Price $2,700,000
Bathrooms 0.00
Square Footage 15,681
Acres 36.56
Year Built 1983
Type Commercial Sale
Sub-Type Mobile Home/Campgrounds
Status Active

Community Information

Address Lexie Ln
City FRONT ROYAL
County WARREN-VA
State VA
Zip Code 22630

Amenities

Is Waterfront No

Interior

Heating Other
Cooling Other
Has Basement No
Fireplace No

School Information

District WARREN COUNTY PUBLIC SCHOOLS

Additional Information

Date Listed December 21st, 2023
Days on Market 394
Zoning A
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeSager Real Estate

Listing Map

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