58-Lot Manufactured Housing
New
For Sale
$2,075,000
95 & 212 Ridgecrest Avenue, Collinsville, VA 24078
A 4.94-acre community has paved internal roads, water and sewer service, and a mix of occupied and available lots.
Property Size215,186 SF
Lot Size4.94 Acres
Days on Market3
Property Features for 95 & 212 Ridgecrest Avenue
General Information
Standard status
Active
Size
215,186 SF
Lot size
4.94 Acres
Property subtype
Multifamily
Occupancy
86%
Net Operating Income
$156,425
Financials
Asking Price
$2,075,000
Cap Rate
7.5%
Additional Details
Utilities to Site
Yes
Tenant in Place
Yes
Building Details
Building Size
215,186 SF
Tenancy
Multi
Listed By:
Will Sossaman
(919) 632-6953
Source:
Lee-associates
Added: Oct 24
Changed: Oct 26
Last Checked: Oct 24 at 3:00PM
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 Will Sossaman
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Investment Insights
Based on property information with market context.
This manufactured housing community spans approximately 4.94 acres and contains 58 lots. At present, 50 lots are occupied and eight are vacant, for 86.2% occupancy. The property includes seven park-owned homes and one rent-to-own home. Paved internal roads serve the site, with water and sewer utilities in place.
The community is located at 95 and 212 Ridgecrest Avenue in Collinsville, Virginia, near the US-220 Business corridor.
The community is located at 95 and 212 Ridgecrest Avenue in Collinsville, Virginia, near the US-220 Business corridor.
Key Highlights
- 58 manufactured housing lots across approximately 4.94 acres
- 50 occupied lots and 8 vacant lots; 86.2% occupancy
- Seven park‑owned homes and one rent‑to‑own home
Property Analytics
Lease Details
86.2%
Occupancy
Multi-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
319
Businesses Nearby
Explore this area
Business Placement
Demographics for 24078, VA
7,062
Population
3,323
Households
2.1
Avg Household Size
41
Median Age
24%
College-Educated
85%
High-School Grad
6.9 sq mi
ZIP Area
1,023
Density / Sq Mi
$51,579
Median Household Income
$33,260
Median Earnings
$725
Median Rent
$122,300
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - A 4.94-acre community has paved internal roads, water and sewer service, and a mix of occupied and available lots.
Where is this mobile home & rv park located?
The property is located at 95 & 212 Ridgecrest Avenue Collinsville, VA.
What is the asking price?
The asking price for this property is $2,075,000.
What are key features of this property?
This property features: 58 manufactured housing lots across approximately 4.94 acres; 50 occupied lots and 8 vacant lots; 86.2% occupancy; Seven park‑owned homes and one rent‑to‑own home
