Property

Front Royal, VA 22630 Lexie Lane

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Presented By: Sager Real Estate
  • MLS# VAWR2006918
  • 12/21/2023
  • Request Tour
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  • SQFT • 15,681

Home Details

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.
Presented By: Sager Real Estate

Interior Features for Lexie Lane

Other Interior Features

Central Air Y/NNo
Heating FuelOther
Heating Y/NYes
Hot WaterElectric
Street SuffixLANE

General for Lexie Lane

AccessibilityNone
Business TypeMobile Home Park
Buyer Agent Compensation1.5
Buyer Agent Compensation Type% Of Gross
CityFRONT ROYAL
Construction MaterialsOther
Cool FuelOther
CoolingOther
CountyWARREN
Days on Market145
DirectionsI-66 TO EXIT 13, SOUTH ON 522/340; WEST ON RT #55 TO RT ON HOMESTEAD DRIVE GPS
HeatingOther
Lot Size Square Feet1592553.60
ModificationTimestamp2024-05-13T10:54:56
New ConstructionNo
Percent OwnershipFee Simple
PossessionSettlement
Property SubTypeMobile Home/Campgrounds
Property TypeCommercial Sale
SewerOn Site Septic
Standard StatusActive
StatusACTIVE
Street NameLEXIE
Tax Annual Amount4010.16
Tax Assessed Value818400.0
Tax Lot120C
Tax Year2024
Total Units0
Vacation Rental Y/NNo
Virtual TourClick here
Water Access Y/NNo
Waterfront Y/NNo
Year Built1983
Year Built SourceEstimated
ZoningA

Exterior for Lexie Lane

Building Area Total0.00
Car Parking Spaces4
Land Assessed Value542500.00
Land Use Code5
Lot Size Acres36.56
Lot Size SourceEstimated
Lot Size UnitsSquare Feet
Navigable Water Y/NNo
Park NameTwin Oaks
Total Loading Docks0
Total Parking Spaces4
Type of ParkingDriveway
Water Oriented Y/NNo
Water SourceWell-Shared
Water View Y/NNo

Additional Details

Price History

Karina Gil

Associate
Price $2,700,000
MLS#VAWR2006918
List Date 12/21/2023
Property Type Commercial
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