Garrett County
Grandfathered Mobile Home Park, Near Deep Creek Lake And Wisp Resort
19 Ferguson Circle McHenry, MD 21541
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Description
Here is a value-add investment opportunity in the heart of Garrett County’s recreation corridor. This 8.19± acre tract is a grandfathered mobile home park, located minutes from Deep Creek Lake and Wisp Resort. The property is zoned Lake Residential 2. It is served by one private well and a private septic system, with four septic systems on the property, and it also has the potential to connect to public water and sewer.
The county has 17 addresses on file for the park. Six tenants currently occupy seven lots, since one tenant holds two lots. Lot rent has historically been $265 per month. Reported expenses include septic pumping at $235 per quarter, about $100 per month in electric for the pump house (tenants pay their own electricity), and snow removal at roughly $120 per plowing.
Current zoning regulations allow one unit per two acres, but the park’s mobile home use is grandfathered in. A buyer who removes the mobile homes and replaces them with larger site-built homes would move the property out of the mobile home park category and under current standards of one home per two acres, or about four homes. Buyers should verify all of this directly with Garrett County Planning & Zoning.
Buyers should also note that a few abandoned trailers remain on the property. The existing mobile homes are estimated at 1,000 square feet each. No rent history is available because the prior property manager retained all records. The property is being sold As-Is.
Close to Deep Creek Lake and Wisp Resort, with year-round outdoor recreation, this is a strong location for an investor looking to hold, reposition, or redevelop. All information is deemed reliable but not guaranteed, and buyers should independently verify zoning, density, utilities, lot and unit counts, permitted uses, and all income and expense figures.
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- Property being sold as-is
- Grandfathered mobile home park
- 1+/- mile from Wisp Resort
- Proximity to Deep Creek Lake
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The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker, its Agents, or the Seller. Access to property, access to utilities, or any measurements including but not limited to, acreage, square footage, frontage, and mapping boundary lines shared herein has not been independently verified and is for purposes of marketing only. If exact measurements, access to property, or access to utilities is a concern, the property should be independently measured or investigated by the prospective buyer.
COOPERATING BROKER COMPENSATION: Please contact Listing Agent/Broker for terms of cooperating Buyer Broker compensation. Terms of compensation, if any, shall be ascertained by cooperating brokers before beginning efforts to accept the offer of cooperation. Buyer's Agents/Brokers must be identified, by Buyers and/or their Brokers/Agents, on the first contact with Listing Broker/Agents to receive compensation. Otherwise, compensation will be at the sole discretion of the Seller, Broker, and Whitetail Properties Real Estate, LLC.
Real Estate Commissions and Cooperating Broker Compensation, if any, are fully negotiable and is not fixed or controlled by law, by Whitetail Properties Real Estate, LLC (or any division/trade name/DBA of), or its Agents/Brokers.
The information contained herein is deemed reliable but is not warranted or guaranteed by the Broker or Seller. The Broker (Whitetail Properties) does not assume liability for typographical errors, misprints, nor for misinformation that may have been given to us. All property is subject to change, withdrawal, or prior sale. Whitetail Properties Real Estate, LLC DBA Whitetail Properties, DBA Whitetail Properties Real Estate. In the States of Nebraska & North Dakota DBA Whitetail Trophy Properties Real Estate LLC. Licensed in CO, MN, ND, SD, TN & WI - Jeffrey Evans, Broker. Licensed in FL, KS & MO - Jefferson Kirk Gilbert, Broker. Licensed in TX - Joey Bellington, Broker. Licensed in IN - Dan Bates, Broker. Licensed in AL, MS, LA, - Todd Edwards, Broker. Licensed in TN – Thomas Crutcher, Broker. Licensed in TN & MS- Josh Monk, Broker. Licensed in AR - Anthony Chrisco, Broker. Licensed in NC, SC, VA - Chip Camp, Broker. Licensed in IA, - Richard F. Baugh, Broker. Licensed in IL, MI – Ronnie Strong, Broker. Licensed in IL, MD, WV - Debbie S. Laux, Broker. Licensed in ID, MT, OR, UT, WA, WY & NV, AZ - Aaron Milliken, Broker. Licensed in NY - John Myers, Real Estate Broker. Licensed in OK - Dean Anderson, Broker. Licensed in KY, ME, NH, NM & VT - Derek Fisher, Broker. Licensed in OH - Jeremy Schaefer, Principal Broker. Licensed in NE - Jason Schendt, Broker. Licensed in PA- Jack Brown, Broker. Licensed in GA – Grantson Martin, Broker.