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Grandfathered Mobile Home Park
For Sale
$425,000
Pending

2643 Island Rd, Bristol, VA 24202

Established park with individual utility metering, sewer service, and an on-site residential dwelling.

Property Size1,218 SF
Lot Size1.65 Acres
Days on Market93

Property Features for 2643 Island Rd

General Information

Standard status Pending
Size 1,218 SF
Lot size 1.65 Acres
Property subtype Multi-Family

Additional Details

Gross Income $20,000
Utilities to Site Yes
Multifamily Units 7

Building Details

Year Built 1960
Listing Agency: Hurd Realty, LLC
Listed By: Brian Parlier · License #359767
Source: Easttennesseelistings
Added: Jul 19 Changed: Oct 15 Last Checked: Oct 19 at 7:15AM

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 Hurd Realty, LLC

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Investment Insights

Based on property information with market context.

This mobile home park occupies approximately 1.65 acres and is grandfathered with the City of Bristol. The property includes 15 mobile home lots, an approximately 1,218-square-foot residence with three bedrooms and one bathroom, and improvements dating to 1960. Eight lots contain mobile homes, including six seller-owned homes, while two of the individually owned homes contribute lot rent. The remaining seven spaces are designated lots, with two currently occupied and five vacant.

The property has 15 individual electric meters, one water meter, and sewer service throughout. The seller pays the water bill, with residents reimbursing that expense through rent, and each site has its own water cutoff. The 2634 Island Rd address is near Virginia High School, Bristol Regional Hospital, King University, Hard Rock Casino, Downtown Bristol, and local retail and restaurants.

Key Highlights

  • 15 total mobile home lots on approximately 1.65 acres
  • Eight lots have mobile homes; seven are designated lots
  • Six seller‑owned mobile homes are rented, and five lots are vacant

Property Analytics

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Lease Details

7
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

38
Businesses Nearby

Demographics for 24202, VA

12,716
Population
6,270
Households
2
Avg Household Size
47
Median Age
20%
College-Educated
92%
High-School Grad
128.8 sq mi
ZIP Area
99
Density / Sq Mi
$58,333
Median Household Income
$36,435
Median Earnings
$850
Median Rent
$195,200
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 - Established park with individual utility metering, sewer service, and an on-site residential dwelling.
Where is this mobile home & rv park located?
The property is located at 2643 Island Rd Bristol, VA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 15 total mobile home lots on approximately 1.65 acres; Eight lots have mobile homes; seven are designated lots; Six seller‑owned mobile homes are rented, and five lots are vacant
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