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Sistersville Mobile Home & RV Park 30 Phillips Dr 19 Unit Mobile Home Park For Sale Sistersville, WV 26175
INVESTMENT HIGHLIGHTS
- 39-Site Mobile Home & RV Park Community Located in Sistersville, WV (±80 miles from Pittsburgh, PA & ±100 miles from Columbus and Cincinnati, OH)
- In-Place NOI = $70,000 (at just 51% occupancy)
- The property is located along the picturesque banks of the Ohio River and operates with very minimal management
- Significant Value-Add Potential with most vacancies concentrated in the 10 RV lots.
- Stabilized NOI = ±$121,000
EXECUTIVE SUMMARY
Friedman Real Estate is pleased to offer the exclusive marketing and sale of the Sistersville Mobile Home & RV Park, a ±39-site community located in Sistersville, WV (±80 miles from Pittsburgh, PA & ±100 miles from Columbus and Cincinnati, OH). Currently about 51% occupied, the property has an in-place NOI of approximately $70,000. With significant value-add potential, particularly due to vacancies concentrated in the 10 RV lots, there is ample opportunity for a new owner to enhance revenue. The projected stabilized NOI is around $121,000. The property benefits from its scenic location along the Ohio River and operates with minimal management.
Sistersville, West Virginia, is a charming town situated along the picturesque Ohio River. Known for its historic character and scenic riverfront, Sistersville offers a serene, small-town atmosphere while maintaining convenient connections to larger regional hubs. The town features a close-knit community and a range of local amenities, including parks, cultural sites, and recreational opportunities. Its proximity to major cities like Pittsburgh, Columbus, and Cincinnati provides residents with easy access to broader economic, cultural, and recreational offerings, blending the tranquility of rural life with the vibrancy of nearby metropolitan areas.
Sistersville, West Virginia, is a charming town situated along the picturesque Ohio River. Known for its historic character and scenic riverfront, Sistersville offers a serene, small-town atmosphere while maintaining convenient connections to larger regional hubs. The town features a close-knit community and a range of local amenities, including parks, cultural sites, and recreational opportunities. Its proximity to major cities like Pittsburgh, Columbus, and Cincinnati provides residents with easy access to broader economic, cultural, and recreational offerings, blending the tranquility of rural life with the vibrancy of nearby metropolitan areas.
PROPERTY FACTS
| Sale Type | Investment | Lot Size | 7.62 AC |
| No. Units | 19 | Building Size | 640 SF |
| Property Type | Multifamily | No. Stories | 1 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 2000 |
| Building Class | C |
| Sale Type | Investment |
| No. Units | 19 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 7.62 AC |
| Building Size | 640 SF |
| No. Stories | 1 |
| Year Built | 2000 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 19 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 48-10- 1-0027.0000 | Improvements Assessment | $50,620 CAD |
| Land Assessment | $140,573 CAD | Total Assessment | $191,192 CAD |
PROPERTY TAXES
Parcel Number
48-10- 1-0027.0000
Land Assessment
$140,573 CAD
Improvements Assessment
$50,620 CAD
Total Assessment
$191,192 CAD
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Sistersville Mobile Home & RV Park | 30 Phillips Dr
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