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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*

$ 10,634

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Studio

Lots and Land for sale in Berkeley Springs, WV

for $1,600,000. The lot size is 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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Lots and Land Active

Price

$ 1,600,000

Bedrooms

Studio

Property Type

Lots and Land

Taxes

$ 3,505

Style

Mobile/Trailer Park

Lot Size

16.62

Town/City

Berkeley Springs

County/Region

Morgan

MLS | Web ID

WVMO2003450
Features
General
Sewer On Site Septic
Possession Settlement
Zoning 213
Property SubType Land
Tax Year 2022
Current Use Mobile/Trailer Park
Percent Ownership Fee Simple
Municipality Rock Gap
County MORGAN
Property Type Land
HOA / Comm Assn N
Subdivision Name NONE AVAILABLE
Possible Use Camp Ground(s) Commercial Investment Multi-Family Mobile/Trailer Park Retail Shopping Center
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
Lot Size Square Feet 723967.20
Waterfront Y/N N
Street Name US ROUTE 522
Tax Annual Amount 3505.0
Clean Green Assessed Y/N N
Price Per Sq Ft 2.21
Additional Parcels Y/N N
Vacation Rental Y/N N
Days on Market 253
Standard Status Active
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Well-Shared
Water View Y/N N
Lot Size Acres 16.62
Lot Size Units Square Feet
Lot Size Source Estimated
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

$10,926
Per Month
97%
3%
0%
Monthly Principal & Interest
$10,634
Monthly Property Taxes
$292
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% 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
3533659 Elementary School
3533706 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
8/18/2023$1,600,000 Listed Price

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

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