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2957 Kings Hwy
Suffolk, VA 23435

$1,900,000 USD

Manufactured Housing Mobile Home Park For Sale

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Lot Size 3.94 AC
  • Year Built 1953
0 Transit Score
5 Walk Score

Highlights

Below market rental rates represents an opportunity for new investors to increase revenues through better aligning rents with the current market.
Publicly serviced master metered water, representing opportunity to increase revenues through sub metering.
100% occupancy rate with minimal historic turnover provides ownership with steady and predictable cash flows.
Majority tenant owned homes, providing ease of management for ownership.
Well maintained park, requiring minimal maintenance and CAPEX upon takeover.

Public Transportation

AirportDriveWalkDistance
Norfolk International 37 min - 22.7 mi
Newport News/Williamsburg International 46 min - 26.5 mi
Henry Walker 864-414-8347 MH Pro Group LLC
Henry Walker 864-414-8347 MH Pro Group LLC