Mobile Home Park
For Sale
$64,900
5205 Elaine Dr, Charleston, WV 25306
Mobile home park with three occupied homes and monthly land rent, plus an additional abandoned unit for potential re-rental.
Property SizeContact for details
Lot Size0.69 Acres
Days on Market180
Property Features for 5205 Elaine Dr
General Information
Standard status
Active
Lot size
0.69 Acres
Additional Details
Utilities to Site
Yes
Taxes and HOA fees
Annual Taxes
$414
Listing Agency:
Berkshire Hathaway Home Services Professional Real
(304) 346-0300
Listed By:
Melody Jordan · License #0015315
(304) 543-0122
Source:
Exprealty
Added: Mar 11
Changed: Aug 20
Last Checked: Sep 5 at 10:04AM
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 Berkshire Hathaway Home Services Professional Real
Investment Insights
Based on property information with market context.
This mobile home park includes three occupied mobile homes, with land rental of $225 per month and total gross annual income of $8,100. A fourth mobile home on site is currently abandoned, creating an opportunity to remove it or replace it to support additional rental income. Water and sewer connections are already available, and additional electrical connections can be installed to accommodate more units. The site is configured with four separate parcels, each measuring 50 x 150, providing flexibility for future expansion.
The property is offered for sale at 5205 Elaine Dr in Charleston, WV. Each parcel size supports a straightforward approach to managing the park layout and potential unit expansion based on the available utilities.
With occupied units in place and the utility infrastructure partially set up, the asset is positioned for continued income from existing rentals while leaving room for adjustments related to the abandoned mobile home and future electrical hookups.
The property is offered for sale at 5205 Elaine Dr in Charleston, WV. Each parcel size supports a straightforward approach to managing the park layout and potential unit expansion based on the available utilities.
With occupied units in place and the utility infrastructure partially set up, the asset is positioned for continued income from existing rentals while leaving room for adjustments related to the abandoned mobile home and future electrical hookups.
Key Highlights
- Mobile home park with 3 occupied mobile homes owned by tenants
- Monthly land rent is $225, totaling $8,100 gross annual income
- Fourth mobile home is currently abandoned, with potential to remove or replace to increase rental income
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
86
Businesses Nearby
Explore this area
Business Placement
Demographics for 25306, WV
6,493
Population
3,503
Households
1.9
Avg Household Size
44
Median Age
26%
College-Educated
85%
High-School Grad
37.1 sq mi
ZIP Area
175
Density / Sq Mi
$62,454
Median Household Income
$42,752
Median Earnings
$1,311
Median Rent
$97,000
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Mobile home park with three occupied homes and monthly land rent, plus an additional abandoned unit for potential re-rental.
Where is this mobile home & rv park located?
The property is located at 5205 Elaine Dr Charleston, WV.
What is the asking price?
The asking price for this property is $64,900.
What are key features of this property?
This property features: Mobile home park with 3 occupied mobile homes owned by tenants; Monthly land rent is $225, totaling $8,100 gross annual income; Fourth mobile home is currently abandoned, with potential to remove or replace to increase rental income
