200 Crk Vlg Morgantown, WV 26508
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.