ELK RIVER MHP

CHARLESTON, WEST VIRGINIA

Elk River 1
Elk River 2
Elk River 3
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Offering Summary

Number of Sites: 229 Licensed Sites

Park Owned Homes: 2

Occupancy: 57%

Average Rent: $250

Total Offering Price: $3,929,220

Investment Highlights

  • Opportunity to Acquire a Manufactured Housing Community Located in Charleston, West Virginia
     

  • 229 Sites With Very Few Park Owned Homes
     

  • Public Water and Sewer That is Direct Billed

Property Overview

Marcus & Millichap is pleased to present the opportunity to acquire Elk River MHP located in
Charleston, West Virginia. The community contains 229 sites with very few park owned homes.
Elk River is serviced by public water and sewer which are direct billed.


The community is conveniently located near West Virginia International Yeager Airport and
Downtown Charleston providing its residents with easy access to nearby shopping and dining
experiences.

 

With a current occupancy of 57 percent, a new investor can implement an aggressive sales program
to increase occupancy.

Listed By:

Jonathon McClellan

(216) 264-2023

Jonathon.McClellan@marcusmillichap.com

Kyle Baskin

(216) 264-2059

Kyle.Baskin@marcusmillichap.com

Connor Outcalt

(216) 264-2029

Connor.Outcalt@marcusmillichap.com

Michael DiCillo

(216) 264-2034

Michael.DiCillo@marcusmillichap.com

Francis McGuire

Broker of Record - West Virginia

License: WV0019009