Individually Owned 
For Sale
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Property summary
This Newport News, VA property offers a compelling investment opportunity. The 1.93-acre lot features a 30-pad mobile home park, with 24 tenant-owned homes and six vacant pads ready for immediate income generation. Adding to the income stream is a 2,500 square foot apartment building containing three individual apartments, providing additional rental revenue and storage space. The property boasts a strong 9.14% capitalization rate and a Net Operating Income (NOI) of $173,658. Located… conveniently near Huntington Ingalls Shipbuilding, this property benefits from a high barrier to entry for manufactured housing and consistently high occupancy rates. The property is zoned MF-AC and presents a significant opportunity to capitalize on the growing demand for affordable housing in the Hampton Roads MSA. The existing structure and vacant pads offer immediate income and potential for future value appreciation. This is an exceptional investment opportunity in a desirable location.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2023
Value estimate
· Sep 2026Realmo valuation models over county records.
Recently sold
No data for this sectionNo cleaned sale $/SF benchmark exists for this use type in this ZIP, submarket or county yet.
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
5 recorded sales · 12 properties nearbyComparable nearby
Similar in This City for Sale
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 2,398 SF
- Lot area
- 1.93 ac
- Year built
- 1960
- Stories
- 2
- APN
- 293000101
- Zoning
- C2
- Assessed value · 2023
- $1,082,000
- Annual tax · 2023
- $16,296
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2023
- $16,296
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Official district profile
The intent of this zone is to establish district regulations for a broad spectrum of general business uses including offices, retail sales, retail services, business services and other commercial activities such as autom…
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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