Small mobile home park located on attractive 5.78 acre parcel just off Smith Neck Rd in Carrollton. Close to James River Bridge and Smithfield. Property has nine improved sites, with seven rented. Potential for expansion to 14 home sites with approved site plan, utilizing existing water system. County owns well, park owns and maintains water distribution lines. Homeowners pay for individual utilities, including water. Limit of 22 home sites per county officials; expansion to 22 sites would require installation of all new water system. Park does need work, but rent increases will pay for the improvements. Unusually spacious home sites, with unused land for buffer, as well as residents RV/boat storage and/or common area / park. Potential for owner financing with 40% down, or partnering with active or passive investment partners.
|Address||Distance||Sale date||Sale price|
|110 Hill ST||4.35 mi.||3/28/2018||$225,000|
|15088 Mt Holly Creek LN||6.29 mi.||1/31/2018||$195,000|