For Sale
$695,000

601 Phillips LnJunction City, KY 40440

20-unit park near Danville, KY. High potential.

Overview

Added:
Dec 11, 2024
Days on market:
123
This exceptional 20-unit mobile home park presents a lucrative investment opportunity in Junction City, Kentucky. Situated on a spacious 6.793-acre lot, the property boasts a prime location, combining the tranquility of a rural setting adjacent to a wildlife reserve with convenient access to the amenities of downtown Danville (just 5 minutes away). Lexington, the Bluegrass Airport, The Kentucky Horse Park, Keeneland Race Track, and Rupp Arena are all within a 40-minute drive. The park currently features 14 occupied mobile homes, plus one privately owned home (lot rent only), providing immediate cash flow. There are also two additional camper hookup sites and ample space for future expansion. The property includes a substantial 2-car oversized garage with a separate entrance and living space above, as well as a 12x30 foot shed. Each mobile home site benefits from paved roads and dedicated parking. The property is zoned for both commercial and residential use, offering flexibility for future development. The seller is open to assisting with financing, making this an even more attractive proposition for potential buyers. This is a rare opportunity to acquire a well-maintained, established mobile home park with significant upside potential in a desirable location. The asking price is $695,000.

Highlights

  • $695,000 asking price.
  • 20-unit mobile home park.
  • 6.793-acre lot.
  • Class A property.
  • Commercial/Residential zoning.
  • Located in Junction City, KY, near Danville and Lexington.

Property Details for 601 Phillips Ln

Property type
Mobile home & RV parks
Class
A
Lot Size (sq. ft)
295,903 SF
Units
20

Location Insight

City
Junction City
County
Boyle
State
Kentucky
Latitude
37.5796324
Longitude
-84.8463673
601 Phillips Ln, Junction City, Kentucky

FAQs

What type of property is this?
Mobile home & RV park - 20-unit park near Danville, KY. High potential.
Where is the mobile home & rv park located?
The property is located at 601 Phillips Ln Junction City, KY.
What is the asking price?
The asking price for this property is $695,000.
What are key features of this property?
This property features: $695,000 asking price.; 20-unit mobile home park.; 6.793-acre lot.
How can I contact the broker?
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601 Phillips Ln
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