Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    200 Crk Vlg Morgantown, WV 26508

    For Sale
    $1,200,000

    24 Lots, 12.88 Acres, High Demand

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents a 24-lot mobile home park situated on 12.88 acres in Morgantown, West Virginia. The property, located at 200 W Creek Village, boasts a prime location in the Sabraton area, offering convenient access to major roadways such as Route 7 and I-68 (Exit 4). The park features 19 park-owned mobile homes, with 15 currently leased and four vacant. Additionally, there are two tenant-owned homes and three vacant lots without mobile homes. The elevated location provides beautiful views. This property is ideally positioned within 3.5 miles of Sabraton's shopping amenities and approximately 6 miles from downtown Morgantown and West Virginia University's main campus, ensuring strong rental demand and potential for future growth. The property is offered at $1,200,000 and is zoned without specific zoning restrictions. This presents a unique opportunity for investors seeking a well-located, established mobile home park with significant upside potential. The property's proximity to major transportation routes and desirable amenities makes it an attractive investment in a growing market.

    Property Features for 200 Crk Vlg

    General Information

    Property type
    Multifamily properties
    Lot Size
    561,053 SF

    HighLights

    • 24‑lot mobile home park on 12.88 acres.
    • Elevated site with scenic views.
    • Convenient access to I‑68 (Exit 4) and Route 7.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mobile home & RV ...

    Map

    City
    Morgantown
    County
    Monongalia
    State
    West Virginia
    Longitude
    -79.8771119
    Latitude
    39.618869

    Nearby Similar for Sale

    • New
      $349,800
      5,051 SF

      Morgantown Commercial Space For Sale

      5,051+/- sqft commercial space with 22 office suites.
      1253 Canyon Rd, Morgantown, WV 26508
      View Details
    • Contact for pricing
      31,835 SF

      Former Restaurant Space on Don Knotts

      Turn-key restaurant space or adaptable for retail/service use.
      215 Don Knotts Blvd, Morgantown, WV 26501
      View Details
    • $249,000

      Sabraton Retail/Office Space Auction

      2250 SF flexible space with excellent visibility and parking.
      1639 Sabraton Ave, Morgantown, WV 26505
      View Details
    • $2,373,385
      3,569 SF

      NNN Leased Restaurant Investment Opportunity

      NNN leased restaurant with over 9 years remaining on lease.
      2 Lawless Rd, Morgantown, WV 26501
      View Details
    • $450,000
      2,400 SF

      University Avenue Retail/Office Opportunity

      Retail or office space with waterfront views and high visibility.
      1029 University Ave, Morgantown, WV 26505
      View Details
    • $3,250,000
      20,000 SF

      Industrial Building with Office Space

      20,000 SF industrial building with 4,375 SF office space.
      112 Corporate Dr, Morgantown, WV 26501
      View Details

    FAQs

    What type of property is this?
    Multifamily property - 24 Lots, 12.88 Acres, High Demand
    Where is this multifamily property located?
    The property is located at 200 Crk Vlg Morgantown, WV.
    What is the asking price?
    The asking price for this property is $1,200,000.
    What are key features of this property?
    This property features: 24-lot mobile home park on 12.88 acres.; Elevated site with scenic views.; Convenient access to I-68 (Exit 4) and Route 7.
    Request Owner's contact information
    200 Crk Vlg Morgantown, WV 26508
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    200 Crk Vlg
    Morgantown, WV 26508
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    200 Crk Vlg Morgantown, WV 26508
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.