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Three-Park Mobile Home Community

102 Parkwood Dr, Lynchburg, VA 24588

For Sale
Contact for pricing
Pending

Portfolio of three mobile home parks featuring park-owned homes, recently serviced septic systems, and mix of well and city water.

Property SizeContact for details
Days on Market146

Property Features for 102 Parkwood Dr

General Information

Standard status Pending
Property subtype Mobile Home Park
Occupancy 92%
Investment Type Stabilized

Building Details

Buildings 3
Units 85
Tenancy Multi
Listing Agency: JDS Real Estate Services, Inc.
Listed By: Jennifer Stein · License VA #01507135
Source: Crexi
Added: Jun 22 Changed: Nov 12 Last Checked: Nov 12 at 8:23AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JDS Real Estate Services, Inc.

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Investment Insights

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This for-sale portfolio consists of three mobile home parks in the greater Lynchburg, VA area. Across the parks, there are 21 park-owned homes, described as fairly new, along with additional sites represented by six vacancies. The community is served by septic tanks that were serviced and raised within the last two years. Ownership also covers trash disposal, and the portfolio’s water service varies by property, including two parks on private wells and the Lynchburg MHP connected to city water.

The parks are presented together as a single portfolio offering. Seller financing is not available for this transaction. Additionally, the ownership structure does not currently recapture water usage.

For buyers and operators seeking a multi-park mobile home community, this portfolio provides an established setup with park-owned housing in place and septic infrastructure recently maintained. The remaining vacancies offer straightforward operational focus around achieving fuller occupancy, while the combination of private-well and city-water service provides flexibility across the three properties.

Key Highlights

  • 3‑park mobile home community portfolio in the greater Lynchburg, VA area
  • 21 park‑owned mobile homes across two of the three properties (homes are said to be fairly new)
  • Remaining six vacancies present potential for additional occupancy

Property Analytics

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Location Intelligence

Trade Area within ½ mile

11
Businesses Nearby

Demographics for 24588, VA

9,196
Population
4,049
Households
2.3
Avg Household Size
44
Median Age
25%
College-Educated
92%
High-School Grad
72.1 sq mi
ZIP Area
128
Density / Sq Mi
$68,869
Median Household Income
$40,174
Median Earnings
$688
Median Rent
$204,300
Median Home Value
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Portfolio of three mobile home parks featuring park-owned homes, recently serviced septic systems, and mix of well and city water.
Where is this mobile home & rv park located?
The property is located at 102 Parkwood Dr Lynchburg, VA.
What is the asking price?
The asking price for this property is $4,300,000.
What are key features of this property?
This property features: 3‑park mobile home community portfolio in the greater Lynchburg, VA area; 21 park‑owned mobile homes across two of the three properties (homes are said to be fairly new); Remaining six vacancies present potential for additional occupancy
(213) 446-5366 · Office Call to check price and availability
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