Mobile Home Park for Sale at Auction in Dublin Va

Description

Mobile Home Park for Sale at Auction in Dublin VA

Searching for your next real estate investment opportunity? Check out this mobile home park that is for sale in Dublin, VA. This property features +/- 4.448 acres with 7 mobile homes that convey with the purchase, 1 vacant lot, and 7 lots that are currently collecting lot rent. The property has 6 septic tanks which all have been pumped and serviced regularly. Water is provided by a PUBLIC WATERWORKS SPRING which is located across Cleburne Blvd./Route 100.There is a storage building at the front of the property. Property has frontage on Little Creek; therefore, it is in a flood zone. See FEMA Flood Map in the Bidder Packet for more information. Property is zoned C Conservation with Pulaski County. More information on zoning can be found HERE. Due to the age of the mobile homes, they cannot be relocated per Virginia Law. Seller has titles to 4 of the mobile homes that convey with purchase.

7 lots – currently collecting lot rent at $75/per month
7 mobile homes – currently rented between $300-$350/per month
1 vacant lot
1 storage building
TOTAL RENT = $2,625

Auction is subject to VA Statute 55.1-1308.2. Seller must notify all tenants in writing of the intent to sell at least 60 days prior to selling. Tenants will have those 60 days to purchase property at an agreeable price to seller. More information on the code can be found HERE.

Water source for the trailer park is from a spring located across Cleburne Blvd. The spring is located on property owned by Charles Dulaney Jr., who also owns and is selling this trailer park. The spring is regulated and overseen by the Virginia Department of Health’s Waterworks Department. Charles Dulaney Jr is the dedicated maintenance provider for the spring. For more information go to https://www.vdh.virginia.gov/drinking-water/information-for-consumers/listing-of-waterworks-and-owners/. You can download a list which identifies this spring as a part of the VDH’s Waterworks Department, it is on line #201. CLICK HERE. There is also more information about the spring in the Bidder Packet. The new buyer will have the option to be appointed as the waterworks manager for the spring, replacing Charles Dulaney Jr. Currently there are a total of 18 connections, 16 are homes and 2 stores.

Online Auction Ends Thursday, March 6th at 4 PM
7881 Cleburne Blvd, Dublin, VA 24084

Click Here for Bidder Packet
Click Here for Interactive Map
Click Here for Property Video
Click Here for Zoning Information
Click Here for Waterworks Owner’s – see line #201

CONTACT: Auctioneer Matt Gallimore at 540-239-2585 or email Gallimore.Matt@gmail.com. You can also contact Realtor Darrell Hylton at 540-250-0850 or email dwh@swva.net

DIRECTIONS: From Dublin, VA – take Route 100 N (Cleburne Blvd) for approximately 6.5 miles. Property is on the left, see signs.

BIDDER PACK: Download Bidder Pack for complete information. Bidder Pack has maps, complete terms and conditions, sample contracts, tax cards, and restrictions. Some of the plats in Bidder Pack may have notations and boundaries created by Auctioneer for illustration purposes, however unchanged surveys are in Bidder Pack as well.

SOFT CLOSE: If a bid is received within the last 2 minutes of the auction or after 4 PM, the auction close time will automatically extend 2 minutes to allow other bidders an opportunity to competitively bid prior to the auction closing. This feature eliminates “snipers” and encourages fair and impartial bidding from all participants.

BUYER’S PREMIUM – TEN PERCENT (10%): Buyer’s Premium shall be added to the final online bid, which will determine the Total Contract Sales Price. Bidders hereby acknowledge and understand that the Buyer’s Premium will be added to the winning bid to create the Total Contract Sales Price for which they are obligated to pay for the property. Example: (winning online bid $100,000 + 10% buyer’s premium = total purchase price of $110,000). Buyer’s Premium is not due until closing.

PRE-AUCTION SALES: As an agent for the Seller, the Auctioneer must present any and all bona fide written offers to the Seller, which may be created outside of the online bidding platform. Therefore, all properties are subject to pre-auction sales. Pre-auction offers must meet all off the auction terms and conditions and must be submitted to the Auctioneer on the Auction Real Estate Sales Contract, along with the required earnest deposit. Properly submitted offers will be presented to the Seller in a timely manner. Seller may accept or reject such offer at their sole and absolute discretion. When a pre-auction offer is submitted, all properly registered online bidders will be notified that “an offer” has been submitted and on which specific property, however the amount of the offer shall remain confidential. All pre-auction offers must allow a minimum of 24 hours for seller’s acceptance. A Referral Fee of 2% of the high bid is offered to a cooperating VA State Licensed Real Estate Salesperson/Broker on any pre-auction offers that are properly completed and submitted on the appropriate forms provided. Download Bidder Pack for Online Bidder’s Agreement, maps, sample contracts, and property information.

TERMS & CONDITIONS: 10% Buyer’s Premium will be added to final high bid to arrive at contract price. Earnest Money Deposit of $5,000 is required on the day of sale. Close on or before May 7th, 2025. Subject to seller confirmation. Property sold as is, where is with any and all faults. Buyer is expected to complete their own due diligence before placing a bid. Auction starts ending at 4 PM on March 6th, 2025. Please note that during the last two minutes of bidding, if a new bid is placed, the clock is automatically extended an additional two minutes. Be sure to register to bid early to ensure you receive notifications regarding any changes to the Auction, Bidder Packet and/or Pre-Auction offers received. Download Bidder Information Pack for complete terms and conditions, purchase contract and maps