2659 2nd St

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2659 2nd St

Hurricane, WV 25526
Asking Price
$1.55M
Cap Rate
12.51%
Asset Type
Mobile-home-park
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Mobile home park asset priced at one million five hundred fifty thousand dollars.
  • Property delivers an established capitalization rate of twelve point five one percent.
  • Located in the Hurricane suburban market within the Charleston metropolitan region.
  • Strategic residential investment providing stable cash flow in a regional hub.
  • Positioned for investors targeting efficient workforce housing inventory in West Virginia.

What's Special

Investors seeking immediate cash flow will find value in this mobile home park located at 2659 2nd St in Hurricane, West Virginia. The asset presents a stabilized income profile with a documented 12.51% capitalization rate. Situated in Putnam County, the property benefits from its position within a growing suburban market that serves the broader Charleston metropolitan area. This region maintains a steady demand for affordable residential housing options, supporting long-term occupancy stability for park owners. The site provides a straightforward operational opportunity for those looking to expand their residential holdings or acquire a yield-focused investment in the Appalachian region. Its proximity to major regional transit corridors facilitates accessibility for residents, contributing to the consistent demographic appeal of this Hurricane location. Given the current income metrics, this park functions as a strategic addition to a diversified investment portfolio focused on residential infrastructure and workforce housing supply.

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NOI
$80,000
Cap Rate
5.16%
DSCR
0.87
Underwater
Cash-on-Cash
-2.59%
Monthly Payment
$7,668.554
Annual Cash Flow
$-12,022.651

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