Listed by Berkshire Hathaway HomeServices Professional Realty Mason
$1,550,000
2659 2nd St
Details
Property Type Mobile Home Park
Units 19
Cap Rate 12.51%
NOI $193,974
Tenancy Multi
Acreage 1.530
Investment Type Stabilized
Mobile Home Park | 12.51% CAP
Marketing description
Income-producing mobile home community w/ 18 occupied homes & 1 lot renter in a highly convenient Hurricane location just minutes from Interstate 64, offering easy access to both Charleston and Huntington. This property presents a strong investment opportunity with steady rental potential and room for future growth. Situated in a desirable corridor with ongoing demand for affordable housing, the community benefits from proximity to major employment centers, shopping and amenities. Ideal for investors seeking cash flow with upside through rent optimization, or operational improvements. Rare Chance to acquire a park in a strategic location with excellent accessibility and long term potential.
Listing Contacts
Listed by Berkshire Hathaway HomeServices Professional Realty Mason
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$193,974.00
$16,164.50/mo
Valuation Metrics
0
DSCR
12.51%
Cap Rate
12.51%
ROI
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