149 STEPHENSON ROAD Stephenson, VA 22656
7.79 Acres Lot
UPDATED:
Key Details
Property Type Mobile Home, Commercial
Sub Type Mobile Home/Campgrounds
Listing Status Under Contract
Purchase Type For Sale
MLS Listing ID VAFV2040464
Year Built 1963
Annual Tax Amount $3,528
Tax Year 2025
Lot Size 7.790 Acres
Acres 7.79
Property Sub-Type Mobile Home/Campgrounds
Source BRIGHT
Property Description
Spring Meadows MHP presents a compelling value-add investment opportunity featuring 30 total pads, with 24 currently occupied by long-term tenants, providing stable and consistent income. The property benefits from a tenant-responsible utility structure, as each pad is individually metered for water and electricity, minimizing owner expense exposure.
Septic systems are configured with two pads per hookup, with tenants responsible for ongoing maintenance and tank pumping, further reducing operational overhead. All mobile homes within the community are tenant-owned, with the exception of one park-owned unit that is currently uninhabitable, presenting potential for removal or replacement to enhance revenue.
Strategically located just off Route 11 and minutes from Interstate 81, the property offers excellent accessibility and sits in a highly desirable corridor with strong demand for affordable housing. Additionally, the park provides room for expansion with the potential to add additional mobile homes, offering clear upside through increased pad count and income growth.
Investment Highlights:
30 Total Pads | 24 Occupied (Long-Term Tenants)
Tenant-Owned Homes (TOH) Community
Individually Metered Utilities (Water & Electric)
Tenant Responsibility for Septic Maintenance
Value-Add Opportunity (Infill + Expansion Potential)
Strong Location Near Route 11 & I-81
Contact for additional financials and details.
Location
State VA
County Frederick
Zoning MH1
Interior
Hot Water None
Heating None
Cooling None
Heat Source None
Exterior
Garage Spaces 60.0
Water Access N
Roof Type Unknown
Accessibility None
Total Parking Spaces 60
Garage N
Building
Sewer Septic Exists
Water Public
New Construction N
Schools
School District Frederick County Public Schools
Others
Tax ID 44-A-88
Ownership Fee Simple
Acceptable Financing Cash
Listing Terms Cash
Financing Cash
Special Listing Condition Standard
Virtual Tour https://vimeo.com/1180941513?fl=ip&fe=ec
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