About 5115 Jefferson Ave
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
Features of 5115 Jefferson Ave
| MLS® # | 10613705 |
|---|---|
| Price | $2,599,999 |
| Bathrooms | 0.00 |
| Square Footage | 2,431 |
| Acres | 1.93 |
| Year Built | 1960 |
| Type | Commercial/Industrial |
| Sub-Type | Purchase |
| Status | Active |
Community Information
| Address | 5115 Jefferson Ave |
|---|---|
| Area | Newport News South |
| Subdivision | HUNTINGTON HEIGHTS |
| City | Newport News |
| State | Virginia |
| Zip Code | 23605 |
Amenities
| Utilities | City Sewer, City Water |
|---|---|
| Features | None |
| Parking | Off Street |
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | Other |
|---|---|
| Cooling | Other |
| Fireplace | No |
Exterior
| Exterior | Other |
|---|---|
| Roof | Other |
| Construction | Modular |
| Foundation | Other |
Additional Information
| Days on Market | 113 |
|---|---|
| Zoning | C2 |
| Short Sale | No |
| RE / Bank Owned | No |