Address
45835 Langley Park Way, Lexington Park, MD
Price
$ 1,200,000
Property Attributes
- MLS#MDSM2010770
- TypePending
- CountySAINT MARYS
- CityLexington Park
- Zip20653
- StyleMobile Home Park
- Year Built1983
- Taxes$ 12547
- Price$ 1,200,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Lot Size5.61 Acres
Data Source:
Bright MLS
Property Description
This is an amazing investment opportunity! Five parcels sold as one to support an established waterfront mobile home park comprised of approximately 27.8 acres supporting 37 mobile homes with the potential of 38 rentals as one home is a duplex rental. So much earning potential here! Currently, 26 lots are rented, $300 per, 8 lots are rented, $350 per, and one trailer is the office that can be easily rented. Of the 37 rented lots 3 of the mobile homes will be yours and each rented between $500 - $600 per while the remainder are privately owned. From day one you'll have the potential to bring in existing rents for the mobile homes owned and the additional lot rents. Private well(s) and septics are included within the rent. Electric is by each home owner or tenant. Park covers snow removal and taxes. Call today for more information!
| Price History | |
|---|---|
| 12/8/2022 | Listed $3,500,000 |
| 1/9/2023 | 43% - $2,000,000 |
| 7/21/2023 | 40% - $1,200,000 |
General Features
| Sewer | Private Septic Tank,Septic Exists,Community Septic Tank |
|---|---|
| Heating | None |
| Cooling | None |
| Utilities | Electric Available,Water Available,Sewer Available |
| Possession | Settlement |
| Zoning | RPD |
| Construction Materials | Mixed,Modular/Manufactured |
| Year Built | 1983 |
| View | River |
| Property SubType | Mobile Home/Campgrounds |
| Tax Year | 2023 |
| Percent Ownership | Fee Simple |
| Cool Fuel | None |
| Business Type | Mobile Home Park |
| Waterfront Features | None |
| Accessibility | None |
| County | SAINT MARYS |
| New Construction | No |
| Property Type | Commercial Sale |
| Possible Use | Mobile/Trailer Park |
| Water Access Y/N | Yes |
| Property Use | Investment |
| Status | PENDING |
| Directions | Route 5 South. Right on Adkins Road. Drive to the end. 45835 Langley Park way is on the right. |
| ModificationTimestamp | 2024-05-13T13:18:15 |
| City | LEXINGTON PARK |
| Buyer Agent Compensation | 3 |
| Body of Water | Saint Mary's River |
| Zoning Description | Rural Preservation District (RPD); Resource Conservation Area (Critical Area). |
| Total Units | 37 |
| Lot Size Square Feet | 244372.00 |
| Tax Assessed Value | 1307200.0 |
| Waterfront Y/N | Yes |
| Street Name | LANGLEY PARK |
| Tax Annual Amount | 12547.0 |
| Historic Y/N | No |
| Lease Considered Y/N | No |
| Vacation Rental Y/N | No |
| Virtual Tour | https://vimeo.com/783932449 |
| Days on Market | 456 |
| Location Type | Rural |
| Standard Status | Pending |
| Year Built Source | Estimated |
| Buyer Agent Compensation Type | % Of Gross |
| Association Recreation Fee | No |
Interior Features
| Heating Fuel | None |
|---|---|
| Hot Water | Electric |
| Street Suffix | WAY |
| Central Air Y/N | No |
Exterior Features
| Parking Features | Unassigned |
|---|---|
| Lot Features | Cleared,Flood Plain,Irregular,Level,Road Frontage,Rural,Tidal Wetland |
| Water Source | Private/Community Water,Well,Well-Shared |
| Total Parking Spaces | 50 |
| Type of Parking | Parking Lot |
| Land Use Code | C |
| Park Name | Langley Park |
| Water View Y/N | Yes |
| Building Area Total | 0.00 |
| Lot Size Acres | 5.61 |
| Road Surface Type | Gravel |
| Water Body Type | River |
| Lot Size Units | Square Feet |
| Lot Size Source | Assessor |
| Water Access Features | Canoe/Kayak,Boat - Powered,Fishing Allowed |
| Road Responsibility | Private |
| Land Assessed Value | 612200.00 |
| Navigable Water Y/N | Yes |
| Water Oriented Y/N | Yes |
| Car Parking Spaces | 50 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Primary On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Pending Average in 20653
Price
Taxes
Visits
Year Built
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