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2659 2nd St 19 Unit Mobile Home Park $2,594,754 CAD ($136,566 CAD/Unit) 9.76% Cap Rate Hurricane, WV 25526
Investment Highlights
- Strong in-place cash flow with minimal expenses
- Infrastructure fully upgraded – no major capital expenditures needed
- Opportunity to replace lot renter with new home for ~$75,000 to increase revenue
- Significant upside through rent increases and lot optimization
- Mix of long-term tenants and short-term Airbnb income
Executive Summary
Income-producing mobile home community w/ 18 occupied homes & 1 lot renter in a highly convenient Hurricane location just minutes from Interstate 64, offering easy access to both Charleston and Huntington. This property presents a strong investment opportunity with steady rental potential and room for future growth. Situated in a desirable corridor with ongoing demand for affordable housing, the community benefits from proximity to major employment centers, shopping and amenities. Ideal for investors seeking cash flow with upside through rent optimization, or operational improvements. Rare Chance to acquire a park in a strategic location with excellent accessibility and
long term potential.
long term potential.
Financial Summary (Actual - 2025) Click Here to Access |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $2,594,754 CAD | Property Subtype | Manufactured Housing/Mobile Home |
| Price Per Unit | $136,566 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.55 AC |
| Cap Rate | 9.76% | Building Size | 11,400 SF |
| No. Units | 19 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1900 |
| Zoning | COM | ||
| Price | $2,594,754 CAD |
| Price Per Unit | $136,566 CAD |
| Sale Type | Investment |
| Cap Rate | 9.76% |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 1.55 AC |
| Building Size | 11,400 SF |
| No. Stories | 1 |
| Year Built | 1900 |
| Zoning | COM |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
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