$ 1,200,000
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$1,200,000
Price -
0
Bed -
0
Bath -
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SqFt
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About the Listing CRT1 - 57549
Spring Meadows Mobile Home Park Spring Meadows MHP presents a compelling value-add investment opportunity featuring 30 total pads, with 24 currently occupied by long-term tenants, providing stable and consistent income. The property benefits from a tenant-responsible utility structure, as each pad is individually metered for water and electricity, minimizing owner expense exposure. Septic systems are configured with two pads per hookup, with tenants responsible for ongoing maintenance and tank pumping, further reducing operational overhead. All mobile homes within the community are tenant-owned, with the exception of one park-owned unit that is currently uninhabitable, presenting potential for removal or replacement to enhance revenue. Strategically located just off Route 11 and minutes from Interstate 81, the property offers excellent accessibility and sits in a highly desirable corridor with strong demand for affordable housing. Additionally, the park provides room for expansion with the potential to add additional mobile homes, offering clear upside through increased pad count and income growth. Investment Highlights: 30 Total Pads | 24 Occupied (Long-Term Tenants) Tenant-Owned Homes (TOH) Community Individually Metered Utilities (Water & Electric) Tenant Responsibility for Septic Maintenance Value-Add Opportunity (Infill + Expansion Potential) Strong Location Near Route 11 & I-81 Contact for additional financials and details.
Listing Highlights
Status
Active
Days on Site
0
Property Type
Commercial Sale
MLS ®
VAFV2040464
Year Built
1963
Total Square Footage
0
Lot/Acreage
7.79
County
Frederick
School District
Frederick County Public Schools
Interior Details
- Bedrooms: 0
- Bathrooms: 0 Full
- Appliances:
- Air Cond:
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Parking Spaces: 60
- Zoning: MH1
- Roof: Unknown
- Others:
- Sewer: Septic Exists
- Parking Features: Driveway,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $3,528
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
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Questions About..
149 Stephenson Rd Stephenson, VA 22656
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