Sale of Arch Mobile Home Park. 30 Lots Total. 3 Apartments. Same owner for 18 years has reached profitability every year of
ownership. 2 units are on rent to own leases. Remainder are traditional annual leases. Leases range from $699-$1199.
2- units recently added to fill vacant lots and are being renovated. Owner anticipates these units to bring in $20K additional
revenue for 2026 once completed & leased based on historical data. Net annual profit $200000 for most recent years
|
TRACT
|
HUNTINGTON HEIGHTS
|
YEAR BUILT
|
1960
|
|
COMMUNITY
|
106 - Newport News South
|
COUNTY
|
Newport News
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Commercial
|
| AIR |
Other |
| AIR CONDITIONING |
Yes |
| AREA |
106 - Newport News South |
| CONSTRUCTION |
Other |
| HEAT |
Other |
| LOT |
1930 acre(s) |
| PARKING |
Off Street |
| SEWER |
Public Sewer |
| SUBDIVISION |
HUNTINGTON HEIGHTS |
| TAXES |
16673 |
| WATER |
Public |
| ZONING |
C2 |
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Listing provided by Atkinson Realty
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