Morgantown Portfolio
256-Sites in Morgantown, WV MSA
Fairfield Manor
137 Sites
83 Fairfield Manor,
Morgantown, WV 26505
East Park Village
119 Sites
115 Pinch Gut Hollow Rd,
Fairmont, WV 26554
Executive Summary
Berkadia Manufactured Housing is pleased to present the Morgantown Portfolio, consisting of 256 sites across 2 communities. The portfolio, distinguished by its stabilized, turn-key status, ensures smooth operational continuity and immediate cash flow. The communities benefit from multiple operational efficiencies, including all resident-owned homes, public utilities, and shared staffing due to proximity. These attributes make the portfolio a low maintenance investment opportunity due to the minimal park oversight required.
Both communities feature below market rents, offering a substantial opportunity for revenue growth through rent increases. For example, a $50 rent increase would boost effective rental income by $144,000. This offering presents the opportunity to acquire a stabilized portfolio with operational efficiencies and rental growth.
Portfolio Overview
- 2 Communities
- 256 Sites
- 91% Occupancy
- $346 Avg Lot Rent
- Call for Offers February 27th
Investment Highlights
01
ATTRACTIVE TURN-KEY ASSET WITH OPERATIONAL EFFICIENCIES
02
BELOW MARKET RENTS
03
RESIDENT OWNED HOMES
04
STRATEGICALLY LOCATED IN MORGANTOWN MSA
The Location
Morgantown, WV
Morgantown is a vibrant city nestled in the Appalachian region, known for its picturesque landscapes and dynamic community. As the home of West Virginia University (WVU), Morgantown boasts a lively college-town atmosphere with a strong emphasis on education, research, and innovation. The university significantly influences the city’s cultural and social life, offering a wide range of events, sports, and activities that engage both students and residents.
The local economy in Morgantown is diverse and robust, driven by key sectors such as education, healthcare, and energy. WVU is a major economic engine, providing employment opportunities and attracting research funding that fuels local businesses and startups. Additionally, the presence of healthcare institutions like WVU Medicine and Mon Health Medical Center contributes to the city’s economic stability and growth, offering advanced medical services and employment.
Morgantown, WV Quick Facts
#2
2025 Best Publich Schools in WV
Niche
#4
2025 Best Places for Young Professionals in WV
Niche
#7
2025 Best Places to Live in West Virginia
Niche
PHOTO GALLERY
Contact Us
Investment Sales
Ian Hilpl
Managing Director
315.406.0900
[email protected]
Kevan Enger
Senior Managing Director
407.494.8541
[email protected]
Brian Hummell
Director
614.468.5773
[email protected]
Hunter LaRocca
Director
407.227.9643
[email protected]
Broker of Record
WV BROKER OF RECORD
Todd Goldman
Goldman Associates, Inc.
ORLANDO, FL OFFICE
300 South Orange Avenue
Suite 1500
Orlando, FL 32801
Morgantown Portfolio
253-Sites in Morgantown, WV MSA
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2026 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.