Aulegre Real Estate Team

Real Estate Agent
License#

5115 Jefferson Avenue, Newport News, VA 23605

 (Sold on )

$2,599,999

  • Open House
  • New Listing
  • Price Reduced$50,001
  • Active
-1 More Schedule
  • 0 BedroomBeds
  • 0 BathroomBaths
  • 2,431Sqft
  • 0Acres
  • CommercialType
  • 10613705MLS#
-1 More Schedule

Property Description

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

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Property Details 5115 Jefferson Avenue, Newport News, VA 23605

Facts & Features

  • MLS #: 10613705
  • Status: Active
  • Date Listed: 12/17/2025
  • Type: Commercial
  • Sub Type: Purchase
  • Year Built: 1960
  • Price: $2,599,999
  • Acres: 1.93
  • Area: 106 - Newport News South
  • County: Newport News
  • Subdivision: HUNTINGTON HEIGHTS
  • Total SqFt: 2,431

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