Introducing Foster’s Mobile Home Park – A Fully Overhauled Investment Property with Impressive Current Income and even more Potential. Foster’s Mobile Home Park offers an exceptional investment opportunity on a spacious two-acre parcel, featuring a full overhaul of several rental units and impressive income streams. This unique property is not only renovated but is also positioned to exceed the investor 1% rule, with current income nearly reaching it and proforma projections surpassing the rule. The centerpiece of the property is a charming modular ranch-style home, perfect for an owner, property manager or a standard rental like it is today. This inviting residence boasts a covered front porch, a one-car garage, three bedrooms, and 2.5 bathrooms, providing ample space and comfort. The sunroom, with an abundance of windows, offers a peaceful space to relax and enjoy the surroundings. A finished basement and traditional floor plan further enhance the home’s appeal, making it a welcoming retreat. In addition to the residence, the property features an 1,085-square-foot, three-bay garage with an office, ideal for storage, property management operations, a mechanic shop, hair studio, etc. Multiple outbuildings scattered across the property provide additional storage and utility space, adding further value and convenience. Foster’s Mobile Home Park currently includes eight mobile homes, all of which are fully rented, ensuring immediate cash flow. With the recent renovations, the park has been brought up to a higher standard, increasing both the quality of the living spaces and the overall income potential. This property is situated in a peaceful yet accessible location, offering the perfect balance of residential charm and commercial opportunity. Whether you're looking to expand your real estate portfolio or seeking a stable investment with multiple income sources, Foster's Mobile Home Park presents an incredible opportunity. With a fully upgraded property and strong rental income, this investment not only meets but exceeds expectations. Don't miss your chance to own this versatile property with high earning potential. Contact us today to schedule a private viewing and see the endless possibilities that await you at Foster's Mobile Home Park! CNDA is required for all financials and a 48 hour notice is required for showings. Current Annually: $114,600 Proforma Annually: $160,800
Excellent opportunity to own a versatile commercial property in the heart of Gerrardstown! Currently operating as a successful salon, this well-maintained property at 1505 Loop Rd offers endless potential for a wide range of business uses. The building features approximately 1,131 sq. ft. of usable space on a 0.40 - acre lot, providing both functionality and charm in a peaceful yet accessible location. The existing salon setup includes multiple stylist stations, wash areas, and a welcoming reception area—ready for immediate use or easy conversion to office, boutique retail, studio, or professional service space. The property also includes a 2-car detached garage, covered carport, storage shed, and a camper that conveys, providing ample storage and flexibility for business operations. The property offers excellent visibility and convenient access to main roads, just minutes from Inwood, Martinsburg, and I-81, making it ideal for clients and employees alike. Perfect for owner-operators, investors, or entrepreneurs seeking a well-located, adaptable commercial property with character and plenty of on-site amenities. Bring your business vision to life in this established Gerrardstown location!
Professional photos coming soon! Waiting for your commercial business is this awesome nearly 8 acres of beautiful country land with 3 bed 1 bath home with basement, plus a 30 x60, 6300 sf warehouse with an apartment upstairs. Property consist of 2 septic's and an Artisian well
Past use was a tavern, antique shop and bed & breakfast. Once known as Middletown, West Virginia, the quaint village of Gerrardstown adopted its current name in 1897. At the heart of this historic locale lies a property steeped in? history. Circa 1797, the main dwelling; originally christened the Bowers Inn, was constructed and served as a lively tavern for many years. Fondly remembered as the “last saloon south of Martinsburg,” this establishment bore witness to the life and culture of its time. The architecture of the main house showcases an L-shaped floor plan, resting on a stone foundation. Its front wing, a 2 1/2 story frame construction, features three brick chimneys, while its rear is a 1 1/2 story log structure distinguished by a stone end chimney. To the rear of the main house, a dogtrot style, log home, known as the James Bell House and dating to circa 1780, adds to the properties storied past. Once a hub of craftsmanship, this home served as the residence of a harness and wagon maker. A gable roof log smokehouse, a rare artifact of the era, still graces the southern side of the wagon maker’s house. Both these log structures will need restoration and repair. With meticulous care the present stewards of the property have preserved its period details and historical integrity of the main house, ensuring that its legacy endures. Around 1990, the storied property found a new life as a Bed and Breakfast. Today, a gracious front porch stretches across the home’s facade, evoking an error of leisurely charm. Beyond the house, the backyard is a sanctuary, enclosed by a privacy fence and brimming with vibrant perennials. A resplendent cherry tree serves as a focal point. Approaching from the rear, the driveway grants entry to both the main house and the wagon maker’s residence. Step through the back entrance of the main house and you are greeted by a warm mud room complete with an authentic fireplace and a staircase leading to upper quarters. Throughout the home, hardwood floors whisper of its rich history, while carefully designed spaces preserve its welcoming spirit. The main floor unfolds to include a living room, kitchen, mud room and two additional chambers each featuring their own bathrooms. Ascending to the upper level via the original front staircase, reveals two further bedrooms, also with private baths, alongside a small room with a gable ceiling, accessible via the rear staircase. This remarkable property effortlessly blends its historical significance with the comforts of modern living, offering a timeless testament to its enduring charm.
Gerrardstown is located in West Virginia. Gerrardstown, West Virginia has a population of 3,972. Gerrardstown is less family-centric than the surrounding county with 31.3% of the households containing married families with children. The county average for households married with children is 32.42%.
The median household income in Gerrardstown, West Virginia is $82,569. The median household income for the surrounding county is $68,101 compared to the national median of $69,021. The median age of people living in Gerrardstown is 47.1 years.
The average high temperature in July is 85.2 degrees, with an average low temperature in January of 22.1 degrees. The average rainfall is approximately 38.8 inches per year, with 22.4 inches of snow per year.
