15 Brumskill Court, Powhatan, VA 23139
sale
$350,000
|
Other
Courtesy Of Shaheen, Ruth, Martin & Fonville
Income-Producing Mobile Home Park Investment Strong Cash Flow | Tenant-Owned Homes | Proven Rent Growth This well-performing mobile home park offers a compelling cash-flow opportunity with current lot rents at $425 as of September 2025 and a history of consistent annual increases. Additional upside remains with continued potential for future rent growth. The property features 7 mobile home park lots, with the remaining acreage providing surplus land area (no expansion available to the best of our knowledge). The community is serviced by well and septic (7 septics), and all homes are tenant-owned, minimizing maintenance responsibilities and operational overhead for the owner. Recent septic testing has been successfully completed, with inspection reports. Please note: the county has confirmed that no additional sites may be added. Investment Highlights - Strong, established rental income - Current lot rents at $425 (Sept 2025-will increase to $450 in Sept 2026) - Tenant-owned mobile homes - reduced owner expenses - 7 mobile home park lots - Recent septic testing completed and passed - Well & septic utilities - Consistent historical rent growth ****note**** buyer will have to confirm any expansion; to our knowledge the park cannot be expanded due to well/septic requirements from the county. NDA for financials available in Loopnet/Crexi listings
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Property Features
- Legal Description: INST.202000915
- MLSID: 2619231
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