248-848-4089
30 Phillips Dr, Sistersville, WV for Sale
Manufactured Housing/Mobile Housing - FOR SALE
1/11
null | Request Cap Rate

30 Phillips Dr
Sistersville, WV 26175


HIGHLIGHTS

  • 39-Site Mobile Home & RV Park Community Located in Sistersville, WV (±80 miles from Pittsburgh, PA & ±100 miles from Columbus and Cincinnati, OH)
  • Significant Value-Add Potential with most vacancies concentrated in the 10 RV lots.
  • In-Place NOI = $70,000 (at just 51% occupancy)
  • Stabilized NOI = ±$121,000
  • The property is located along the picturesque banks of the Ohio River and operates with very minimal management

OVERVIEW

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.

FOR SALE DETAILS

PRICE

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# OF UNITS

19

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Sistersville Mobile Home & RV Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.62 AC

LAND SF

331,927 SF

ZONING

-

APN/PARCEL ID

48-10- 1-0027.0000

ASK ABOUT THIS PROPERTY

Steven SilvermanFriedman Real EstateMore Info
248-848-4089

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Steven SilvermanFriedman Real EstateMore Info
248-848-4089

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.