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Multi-Unit (5+) - Monterey, VA
This Mobile Home Park is selling at online auction. Listed price is not the selling/asking price. Online bidding will determine the sales price. All bidding takes place on the listing company's website. Time-Tested. Cash-Flow Ready. Demand-Proof. If you've been waiting for an investment that checks the boxes of affordable housing, stable returns, and future upside, welcome to Myers Moon in Monterey, VA-where small-town charm meets big-time opportunity. This established mobile home park features 17 mobile homesites, with 11 currently occupied and 6 vacant / unleased lots ready to be converted into income. There are also 2 additional permanent homes and a 3 car garage on the parcel bringing the grand total to 19 homes! All sites enjoy the simplicity of public water and public sewer-making management smooth and scalability realistic. 5 of the mobile homes are park owned, 2 are tenant...
This Mobile Home Park is selling at online auction. Listed price is not the selling/asking price. Online bidding will determine the sales price. All bidding takes place on the listing company's website. Time-Tested. Cash-Flow Ready. Demand-Proof. If you've been waiting for an investment that checks the boxes of affordable housing, stable returns, and future upside, welcome to Myers Moon in Monterey, VA-where small-town charm meets big-time opportunity. This established mobile home park features 17 mobile homesites, with 11 currently occupied and 6 vacant / unleased lots ready to be converted into income. There are also 2 additional permanent homes and a 3 car garage on the parcel bringing the grand total to 19 homes! All sites enjoy the simplicity of public water and public sewer-making management smooth and scalability realistic. 5 of the mobile homes are park owned, 2 are tenant owned and 4 are rent to own. The rent to own notes and additional income transfers with the property. The 2 permanent homes convey, offering immediate rental income and premium tenant appeal:
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