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About This Home
This 0-bedroom, 0-bathroom commercial at 5115 Jefferson Avenue in Newport News, VA is listed for $2,599,999 ($1,070 per sqft). Built in 1960, the home offers 2,431 sqft of living space on a 1.93 acres lot.
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
Key Features
- Built in 1960
- 1.93 acre lot
Property Details
Monthly Cost Estimate
$13,905/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
5115 Jefferson Avenue
Newport News, VA 23605
HUNTINGTON HEIGHTS
Property Details
Parking
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 5115 Jefferson Avenue is listed at $2,599,999 ($1,070/sqft). The estimated monthly payment is $11,267 based on 20% down at 6.5% interest.
Key features include: Built in 1960, 1.93 acre lot.
This property is listed by Amy Metzger and can be reached at (757) 425-2500 or amy.metzger@atkinsonrealty.com.