149 Stephenson Rd | Image 1
Virtual Tour
149 Stephenson Rd | Image 2
149 Stephenson Rd | Image 3
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149 Stephenson Rd | Image 7

$1,200,000

Pending

13 days ago

149 Stephenson Rd, Stephenson, VA

House

MLS® VAFV2040464

0 Bed

0 Bath

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  • Key Facts
  • Description
  • Map

Key Facts

Type Mobile Home
Levels Commercial Sale
Size -
Garage 
Taxes $3,528
Lot Size 
Approx. Age 1963
MLS® Number VAFV2040464

Property Address: 149 Stephenson Rd, STEPHENSON, VA, 22656-1768

Average square foot calculated using Size range provided by listing agent.

Description

Spring Meadows Mobile Home Park 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.
MLS® NumberVAFV2040464
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1963
Basement
DrivewayDriveway
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
-Sold Price

Pending

Apr 1, 2026List Date
$1,200,000List Price
  • Commute

Commute

Starting Address
Destination Address
149 Stephenson Rd, Stephenson, VA

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