Sold
Last Sold Price
522 Us Route, Berkeley Springs, WV 25411
Multi FamilyProperty Type
16.62 acresLot Size
1970Year Built

Description

This is an amazing investment opportunity! Established mobile home park comprised of 16.62 acres split into 60 total lots. So much earning potential here! Currently 25 lots are rented, with 35 additional lots available. Of the 25 currently rented lots, 15 have park-owned mobile homes, each rented for between $500 and $1050. From day one, you have over $14,000 in existing rents. Two more park-owned units are under renovation. The additional lot/mobile home rent will deliver another $10,000 per month....This is an amazing investment opportunity! Established mobile home park comprised of 16.62 acres split into 60 total lots. So much earning potential here! Currently 25 lots are rented, with 35 additional lots available. Of the 25 currently rented lots, 15 have park-owned mobile homes, each rented for between $500 and $1050. From day one, you have over $14,000 in existing rents. Two more park-owned units are under renovation. The additional lot/mobile home rent will deliver another $10,000 per month. Current expenses average $2500 per month. The park is currently on well water with an on-site "wetlands" septic system. Park covers lawn maintenance, snow removal and taxes. Also, public water and public sewer is on the way. Scheduled to be completed by Spring of 2026. And the much-awaited Berkeley Springs Bypass is already underway. So great commercial potential for this 16+ acres. Call today for more information!
  • Listed by: Matthew P Ridgeway 304.728.7477 remaxmattridgeway@gmail.com • RE/MAX Real Estate Group
Listing closed: 01/15/2025 12:00 AM • Source: BRIGHT, MLS#: WVMO2005638

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Location

Listing Courtesy of RE/MAX Real Estate Group

Sold By RE/MAX Real Estate Group

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Payment Calculator

$8,542 per month

30 year fixed, 7.03% Interest

Principal and Interest

$8,542

Property Taxes

$0

HOA Dues

$0

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Property Information for 522 Us Route

Property Details
  • MLS Type: Multi-Family / Fee Simple
  • Tax ID Number: 06 9001300020000
  • Ownership: Fee Simple
  • Structure Type: Detached
  • Style: Modular/Pre-Fabricated
  • Waterfront: No
  • Garage: No
  • Municipality: Rock Gap
  • Central Air: No
  • Above Grade Finished SQFT: .00
  • Above Grade Fin SQFT Source: Assessor
  • Below Grade Finished SQFT: .00
  • Below Grade Fin SQFT Source: Assessor
  • Below Grade Unfinished SQFT: .00
  • Below Grade Unfin SQFT Source: Assessor
  • Total Below Grade SQFT: .00
  • Total Below Grade SQFT Source: Assessor
  • New Construction: No
Building Information
  • Residences: 4
  • Year Built: 1970
  • Lot Size: 16.62 AC / 723,967 SF
Location
Location
  • In City Limits: No
  • School District Name: MORGAN COUNTY SCHOOLS
  • School District County ID: 121141762928
  • SchoolDistrictSource: Listing Agent
  • County: MORGAN
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2024
  • Tax Assessed Value: $0
  • Zoning: COM/RES
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 4
  • Three Bedroom Units Count: 0
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: .00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Parcel ID: 20421240
Parking
Parking
  • Type Of Parking: Other
Interior Features
Interior Features
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Other
  • Cooling Fuel: Electric
  • Heating Type: Heat Pump(s), Baseboard - Electric
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Well-Shared
  • Sewer Septic: On Site Septic
Confidential Data
Listing Office
  • List Agent AOR: Eastern Panhandle Board of REALTORS
  • List Agent URL: www.mattridgeway.com

Property History for 522 Us Route

DateEvent & SourcePriceAppreciation
Jan 15, 2025

Sold

BRIGHT #WVMO2005638

$1,600,000—
Nov 15, 2024

Contract Signed

BRIGHT #WVMO2005638

—
Nov 15, 2024

Listed (Active)

BRIGHT #WVMO2005638

$1,600,000—
DateEvent & SourcePrice
01/15/2025

Sold

BRIGHT #WVMO2005638

$1,600,000
11/15/2024

Contract Signed

BRIGHT #WVMO2005638

—
11/15/2024

Listed (Active)

BRIGHT #WVMO2005638

$1,600,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Schools near 522 Us Route

This home is within Morgan County Schools.
Rating
School
Type
Grades
Distance
Public - PK to 2
Public - 3 to 5
Public - 6 to 8
Public - 9 to 12
Rating
School
Distance
Widmyer Elementary School
PublicPK to 2

Warm Springs Intermediate School
Public3 to 5

Warm Springs Middle School
Public6 to 8

Berkeley Springs High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of RE/MAX Real Estate Group