200 Crk Vlg Morgantown, WV 26508
- Mobile home & RV parks
- 12.88 lot acres
Current Use by Public Records
- Mobile home & RV parks
Property Details for 200 Crk Vlg
- Lot size
- 12.88 lot acres
- Property type
- Mobile home & RV parks
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Morgantown
- County
- Monongalia
- State
- West Virginia
- Longitude
- -79.8771
- Latitude
- 39.6189