Mobile Home Community For
157 Roy Dr Ridgeley, WV 26753
157 Roy Dr, Ridgeley, WV, 26753
Contact for pricing
For Sale
Contact for pricing
Pending
Mobile home community with 94 sites across nearly 50 acres and recent upgrades including a new office and road repairs.
Lot Size50.00 Acres
Days on Market104
Property Features for 157 Roy Dr
General Information
- Standard status
- Pending
- Lot size
- 50.00 Acres
- Property subtype
- Mobile Home Park
Listing agency
Newmark - Austin
Listed by
Braden Weaver · License #TX 688693
Source
Crexi
Added: Apr 11 Updated: Jul 22 at 7:48PM Checked: Jul 22 at 7:48PM
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 Newmark - Austin
Investment Insights
Based on property information with market context.
Moreland MHC is a mobile home community in Ridgeley, West Virginia offering 94 sites spread across nearly 50 acres. The park includes a new office and recent capex, including repairs to internal roads.
Most sites are situated atop a ridge, and the community is positioned about 15 minutes outside of Cumberland, Maryland. The current operating profile includes 88% occupancy on rental homes, indicating steady demand for affordable housing in the area.
The current owner has recently added 10 brand new homes to the community and has been focused on selling those homes. There is also ongoing focus on utility recovery, including repairs to a major leak and updates intended to bring base pass-through levels closer to market levels, with plans to install a reader system to address meter-reading challenges related to cell signal limitations.
Most sites are situated atop a ridge, and the community is positioned about 15 minutes outside of Cumberland, Maryland. The current operating profile includes 88% occupancy on rental homes, indicating steady demand for affordable housing in the area.
The current owner has recently added 10 brand new homes to the community and has been focused on selling those homes. There is also ongoing focus on utility recovery, including repairs to a major leak and updates intended to bring base pass-through levels closer to market levels, with plans to install a reader system to address meter-reading challenges related to cell signal limitations.
Key Highlights
- Moreland MHC is a 94‑site mobile home community on nearly 50 acres in West Virginia’s Potomac Highlands.
- 88% occupancy reported on rental homes, reflecting demand for affordable housing in the area.
- Most sites are on a ridge, providing views of the rolling hills surrounding the community.
Property Analytics
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Similar For Sale Nearby
FAQs
What type of property is this?
Mobile home & RV park - Mobile home community with 94 sites across nearly 50 acres and recent upgrades including a new office and road repairs.
Where is this mobile home & rv park located?
The property is located at 157 Roy Dr Ridgeley, WV.
What are key features of this property?
This property features: Moreland MHC is a 94‑site mobile home community on nearly 50 acres in West Virginia’s Potomac Highlands.; 88% occupancy reported on rental homes, reflecting demand for affordable housing in the area.; Most sites are on a ridge, providing views of the rolling hills surrounding the community.
