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Property profile & analytics
OFF-MARKET
Mobile home & RV parks

200 Crk Vlg Morgantown, WV 26508

12.88 ac lot
Property ID
Property summary
AI-generated overview

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 profile
Verified
Property type Mobile home & RV parks
Lot 12.88 ac (561,053 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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