Address
Lexie Lane, Front Royal, VA
Price
$ 2,700,000
Property Attributes
- MLS#VAWR2006918
- TypeCommercial
- CountyWARREN
- CityFront Royal
- Zip22630
- StyleMobile Home Park
- Year Built1983
- Taxes$ 4010
- Price$ 2,700,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage15681
- Lot Size36.56 Acres
Data Source:
Bright MLS
Property Description
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.
| Price History | |
|---|---|
| 12/22/2023 | Listed $2,700,000 |
General Features
| Sewer | On Site Septic |
|---|---|
| Heating | Other |
| Cooling | Other |
| Possession | Settlement |
| Zoning | A |
| Construction Materials | Other |
| Year Built | 1983 |
| Property SubType | Mobile Home/Campgrounds |
| Tax Year | 2024 |
| Percent Ownership | Fee Simple |
| Cool Fuel | Other |
| Business Type | Mobile Home Park |
| Accessibility | None |
| County | WARREN |
| New Construction | No |
| Property Type | Commercial Sale |
| Water Access Y/N | No |
| Status | ACTIVE |
| Directions | I-66 TO EXIT 13,SOUTH ON 522/340; WEST ON RT #55 TO RT ON HOMESTEAD DRIVE GPS |
| ModificationTimestamp | 2024-05-13T10:54:56 |
| City | FRONT ROYAL |
| Buyer Agent Compensation | 1.5 |
| Lot Size Square Feet | 1592553.60 |
| Tax Assessed Value | 818400.0 |
| Waterfront Y/N | No |
| Street Name | LEXIE |
| Tax Annual Amount | 4010.16 |
| Vacation Rental Y/N | No |
| Virtual Tour | https://iframe.videodelivery.net/a8a2ce7af373ccc68da170fd5cdc09a2 |
| Days on Market | 145 |
| Standard Status | Active |
| Year Built Source | Estimated |
| Tax Lot | 120C |
| Buyer Agent Compensation Type | % Of Gross |
Interior Features
| Heating Fuel | Other |
|---|---|
| Hot Water | Electric |
| Heating Y/N | Yes |
| Street Suffix | LANE |
| Central Air Y/N | No |
Exterior Features
| Water Source | Well-Shared |
|---|---|
| Total Parking Spaces | 4 |
| Type of Parking | Driveway |
| Land Use Code | 5 |
| Park Name | Twin Oaks |
| Water View Y/N | No |
| Building Area Total | 0.00 |
| Lot Size Acres | 36.56 |
| Lot Size Units | Square Feet |
| Lot Size Source | Estimated |
| Land Assessed Value | 542500.00 |
| Navigable Water Y/N | No |
| Water Oriented Y/N | No |
| Car Parking Spaces | 4 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Commercial Average in 22630
Price
Taxes
Visits
Year Built
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