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Us Route 522 Berkeley Springs, WV $ 1,600,000
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$ 1,600,000 Get more info
Us Route 522
$ 1,600,000
Back to search
Share Save

Us Route 522

Berkeley Springs, WV, 25411
$ 1,600,000
Baths0.0

Monthly Estimate*

$ 11,176

Us Route 522, Berkeley Springs, WV 25411 - Image 1
Us Route 522, Berkeley Springs, WV 25411 - Image 2
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Us Route 522, Berkeley Springs, WV 25411 - Image 4
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Us Route 522, Berkeley Springs, WV 25411 - Image 8
Studio

Commercial Property for sale in Berkeley Springs, WV

for $1,600,000. This building was built in 1990 on a lot size of 16.62.

This is an amazing investment opportunity! Established mobile home park comprised of 16.62 acres split into 60 total lots. So much earning potential here! Currently 25 lots are rented, with 35 additional lots available. Of the 25 currently rented lots, 15 have park-owned mobile homes, each rented for between $500 and $1050. From day one, you have over $14,000 in existing rents. Two more park-owned units are under renovation. The additional lot/mobile home rent will deliver another $10,000 per month. Current expenses average $2500 per month. The park is currently on well water with an on-site "wetlands" septic system. Park covers lawn maintenance, snow removal and taxes. Also, public water and public sewer is on the way! Scheduled to be completed by Spring of 2026. And the much-awaited Berkeley Springs Bypass is already underway. So great commercial potential for this 16+ acres. Call today for more information!

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Commercial Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 3,505

Style

Mobile Home Park

Lot Size

16.62

Year Built

1990

Town/City

Berkeley Springs

County/Region

Morgan

MLS | Web ID

WVMO2003404
Features
Interior
Heating Fuel None
Hot Water None
Central Air Y/N N
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General
Sewer On Site Septic
Heating None
Cooling None
Possession Settlement
Zoning 213
Construction Materials Vinyl Siding
Year Built 1990
View Mountain
Topography Level
Property SubType Mobile Home/Campgrounds
Tax Year 2022
Percent Ownership Fee Simple
Cool Fuel None
Municipality Rock Gap
Business Type Mobile Home Park
Accessibility None
County MORGAN
New Construction N
Property Type Commercial Sale
Possible Use Camp Ground(s) Commercial Retail Shopping Center Multi-Family Mobile/Trailer Park Manufacturing Investment
Water Access Y/N N
Status ACTIVE
Directions From I-81 take exit 16W towards Hedgesville. Go approximately 22.8 miles then take a left onto US 522. In about 5.7 miles turn right onto Fiddlers Ln.
City BERKELEY SPRINGS
Buyer Agent Compensation 2.5
Total Units 0
Lot Size Square Feet 723967.20
Waterfront Y/N N
Street Name US ROUTE 522
Tax Annual Amount 3505.0
Vacation Rental Y/N N
Days on Market 260
Location Type Highway
Standard Status Active
Year Built Source Estimated
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Well-Shared
Type of Parking None
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 16.62
Road Surface Type Black Top US Highway/Interstate
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 291900.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded Features
List By
Re/Max Real Estate Group

Broker

remaxmattridgeway@gmail.com

Email

Affordability Calculator

$11,469
Per Month
97%
3%
0%
Monthly Principal & Interest
$11,176
Monthly Property Taxes
$292
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/11/2023$1,600,000 Listed Price

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Us Route 522, Berkeley Springs, WV, 25411 is a Commercial Property for sale at $1,600,000 with a lot size of 16.62. Us Route 522 is a studio with 0.0 baths and was built in 1990. The property's zip code is 25411 which is in Berkeley Springs, WV

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