0 Lexie LnFront Royal, VA 22630

Property Details for 0 Lexie Ln

Lot size

36.56 AC

Property type

Other commercial real estate

Property subtype

Multifamily properties

Description

This exceptional investment opportunity presents a 36.56-acre mobile home park in Front Royal, Virginia. The property boasts 24 units, including 20 park-owned homes: 8 from the late 1980s, 9 from the late 1990s, and 3 from the mid-2000s. All park-owned homes are renovated and in good condition, featuring two- and three-bedroom layouts with two bathrooms each. Three tenant-owned homes are also on the property. Further enhancing the investment potential is one vacant lot ready for a new mobile home, plus six additional lots under construction (2/3 complete, including a new drain field), with two ready for immediate development. Convenient auxiliary structures include a spacious pole barn and a two-bay garage. The asking price reflects the progress on the six new lots. The property's APN is 19-120C and includes a conveyed County Conditional Use Permit. This turnkey operation offers significant potential for long-term growth and is priced at $2,700,000. Interested parties should be prepared to provide proof of qualifications and sign a confidentiality agreement before viewing financial information. All relevant documents are available.

Location Insight

City

Front Royal

County

Warren

State

Virginia

Latitude

38.9548

Longitude

-78.2272

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