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.