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274-328 Jackson Cross Rd, Pownal, VT 05261

$743,900
Property Type: Business Opportunity Baths: 1 Status: Closed
Current Price: $743,900 List Date: 2/07/2024 Last Modified: 9/26/2024

Description

Business, Investment, and Lifestyle Opportunity in Southwestern Vermont This offering is the opportunity to control as much as 70 acres on both sides of Jackson Cross Road, that includes: 4 single family dwellings (three occupied), one camp structure, the original mobile home park layout of 64 lots (8 not currently served by utilities), 23 park owned mobile homes (subject to possible individual sales to tenants) *, a private water system, and two structures. There are multiple options available to the future owners including to live on the premises in one of the existing homes, to sell off more mobile homes or the single family homes, to subdivide the property and sell individual pieces, to install a park manager and operate this as an investment property from a remote location,

Supplements: amenities to enhance the park's appeal, to add an RV area for seasonal rental income, to develop the currently unused 11 acres on the north side for more homes or an owner's new home, or others. The two sides of Jackson Cross Road are owned under two separate entities, all under the same family control and therefore there are options for how much of the offering the future purchaser wants. The offering can be divided in several different ways however, at this time, there is a preference by the owners to sell everything at once. All mobile homesites either have connection or potential connection to the private water system and town sewer. The park lies roughly equidistant to Bennington, Vermont and Williamstown, MA. There are hospitals in both directions, Bennington being the closest at just 12 minutes, Pittsfield 30 minutes to the south. Shopping, jobs, public transportation, medical offices, banks, etc. are all within an easy 12 +/- minute drive. The setting is rural with mature trees and good separation between many of the home sites. The park is not in a flood zone or flood prone area. It is just off the main highway, US Rte. 7, connecting Williamstown and Bennington. It is about an hour from Albany, NY and the airport, 3+ hours from Boston and NYC. More detailed information available on request.

More Information MLS# 237869

Contract Information

Current Price: $743,900 Status: Closed List Date: 2022-06-09 Sold Price: $743,900 Original List Price: 1500000 Limited Service: No Agent Interest: None

Location Tax Legal

Registry: Outside Berkshire Vermont Street #: 274-328 Street Name: Jackson Cross Street Ext: Rd State/Province: VT Postal Code: 05261 Map Ref: 007-05 / 007-04

General Property Description

Realtor.COM Type: Commercial Total Full Baths: 1 Total Bathrooms: 1 Parking Spaces Type: Off Street Base Incl Sq Ft: Yes Sq Ft Source: Other

Status Change Info

Status Change Date: 2024-09-26 Under Contract Date: 2024-04-09 Contingent: Yes Contingent Remarks: Financing Sold Date: 2024-09-26 Sold Price: $743,900 Property Use *(Stat): Investment

Building Info

Business Start: 1967 Years at Loc: 53

Zoning

Other: Mobile Home Park

Property Features

Business Type: Mixed; Other Features: Lease in Place; Real Estate Avail Sewer: Public Water Access: Private Right to Farm Comm: Yes Internet Service: Cable Available Electric Type: 100 Amp; 200 Amp; 60 Amp; Circuit Breakers; Fuses Zoning: Multi; Residential Seller Disc: No Financing: Other Possession: Close Of Escrow
Listing Office: HARSCH ASSOCIATES
Listing Agent: Paul Harsch III
Last Updated: September - 26 - 2024
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