Lexie Lane Front Royal, VA $ 2,700,000
Lexie Lane
$ 2,700,000
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Lexie Lane

Front Royal, VA, 22630
$ 2,700,000
Baths0.0 Sq 15,681

Monthly Estimate*

$ 18,860

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View a Virtual Tour
Studio

Commercial Property for sale in Front Royal, VA

for $2,700,000. This 15,681 square foot building was built in 1983 on a lot size of 36.56.

Discover the idea of a lucrative real estate venturewith this remarkable 36.56-acre mobile home park. Nestled in Front Royal, Va. this property offers a unique blend of tranquility, community,and investment potential. As you explore the countless features and benefits of this well-managed mobile home park, envision a turnkey investment that promises long-term growth. Whether you're a seasoned investor seeking to diversifyyour portfolio or a newcomer eager to tap into the mobile home market, Twin Oaks Mobile Home Park presents an unparalleledprospect. The park-owned mobile homes consist of a total of 20 units, distributed across different eras: 8 homes from the late 1980s, 9 from the late 1990s, and 3 from the mid-2000s. These residences comprise a; mix of two-bedroom and three-bedroom layouts, each featuring two bathrooms. All homes have been renovated and are currently in good condition. Additionally, the property includes auxiliary structures such as a spacious pole barn and a two-bay garage, both utilized by the owner for the park's; management and operations. Among the mobile homes on-site, 3 are tenant-owned, and there is one vacant lot that is approved and prepared for the placement of a new mobile home. Giving it a total of 24 units. The expansion of the park is ongoing, with six new lots in the process of construction and awaiting the completion of a new land survey. Currently, these lots are 2/3 complete, featuring a newly installed drain field, and two of them are ready for immediate development. The asking price for these lots takes into account the progress made in their development. The county conditional use permit is conveyed to the new owners. We kindly request that eligiblepurchasers provide evidence of their qualifications and firmly executea confidentiality agreement before touring the park and accessing its financial information. Please see all documents uploaded in the MLS.

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Commercial Active

Price

$ 2,700,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 4,010

Style

Mobile Home Park

Lot Size

36.56

Year Built

1983

Town/City

Front Royal

County/Region

Warren

MLS | Web ID

VAWR2006918

Features
Interior
Heating Fuel Other
Hot Water Electric
Heating Y/N Y
Street Suffix LANE
Central Air Y/N N
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General
Sewer On Site Septic
Heating Other
Cooling Other
Possession Settlement
Zoning A
Construction Materials Other
Year Built 1983
Property SubType Mobile Home/Campgrounds
Tax Year 2024
Percent Ownership Fee Simple
Cool Fuel Other
Business Type Mobile Home Park
Accessibility None
County WARREN
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions I-66 TO EXIT 13 SOUTH ON 522/340; WEST ON RT #55 TO RT ON HOMESTEAD DRIVE GPS
City FRONT ROYAL
Buyer Agent Compensation 1.5
Total Units 0
Lot Size Square Feet 1592553.60
Waterfront Y/N N
Street Name LEXIE
Tax Annual Amount 4010.16
Vacation Rental Y/N N
Virtual Tour https://iframe.videodelivery.net/a8a2ce7af373ccc68da170fd5cdc09a2
Days on Market 118
Standard Status Active
Year Built Source Estimated
Tax Lot 120C
Buyer Agent Compensation Type % Of Gross
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Exterior
Water Source Well-Shared
Type of Parking Driveway
Park Name Twin Oaks
Water View Y/N N
Building Area Total 0.00
Lot Size Acres 36.56
Lot Size Units Square Feet
Lot Size Source Estimated
Land Assessed Value 542500.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded Features
List By
Sager Real Estate

Broker

melissa@sagerrealestate.com

Email

Affordability Calculator

$19,194
Per Month
98%
2%
0%
Monthly Principal & Interest
$18,860
Monthly Property Taxes
$334
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/22/2023$2,700,000 Listed Price

Map


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Lexie Lane, Front Royal, VA, 22630 is a Commercial Property for sale at $2,700,000 with 15,681 sqft and a lot size of 36.56. Lexie Lane is a studio with 0.0 baths and was built in 1983. The property's zip code is 22630 which is in Front Royal, VA