5115 Jefferson Avenue, Newport News South, VA 23605
- $2,599,999
- 2,431
- SqFt
- List Price
- $2,599,999
- Status
- ACTIVE
- MLS#
- 10613705
- Year Built
- 1960
- Living Area
- 2,431
- Acres
- 1.93
- County
- Newport News VA
- City
- Newport News South
- Subdivision
- Huntington Heights
- Neighborhood
- Arch Mobile Home Park
Property Description
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
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Additional Information
- Heating
- Other
- Cooling
- Other
- Roof
- Other
- Floors
- Other
- Exterior
- Other
- Parking Description
- Off Street
- Contingency Exists
- Non Contingent
- Days on Market
- 183
Mortgage Calculator
Listing courtesy of Atkinson Realty.
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