605 CELDONS Ln Elkton, VA 22827
19-lot mobile home park with cash flow and growth potential.
Type:Commercial
Lot size:
1.83 Acres- Added:
- Apr 10, 2026
- Days on Market:
- 20
- Last Refresh:
- Apr 10 at 8:47 am
Property Features for 605 CELDONS Ln
General Information
- Standard status
- Active
- Lot size
- 1.83 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1958
Listing agent Michael Kalman License #0225253651 (540) 908-9279
Listing office Valley Realty Associates (540) 908-9279
Listing date Apr 10, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Valley Realty Associates
Overview
Elkton Mobile Home Park Opportunity
This is a rare opportunity to acquire a 19-lot mobile home park in Elkton, Virginia, situated on 1.83 acres. The property benefits from consistent rental demand, delivering immediate cash flow and a clear path to higher returns. Current lot rents are below prevailing market rates, presenting a rent growth strategy for new ownership. Conservative adjustments can produce a material increase in net operating income. An electrical system upgrade has been identified and scoped, providing a concrete improvement project with known costs that strengthens the asset long term and supports rent repositioning. Mobile home parks in this region rarely come to market, and this one offers both stable occupancy and a credible value-add opportunity. The area's resilient rental demand limits downside, while the embedded upside drives value. The property offers cash flow from day one, below-market rents ready to move, and a defined capital project that adds lasting value. The location has a walk score of 0, indicating car-dependence, and a bike score of 23, indicating it is somewhat bikeable.
Location Intelligence
Current Use by Public Records
Mobile home & RV ...
Location Insight
- Map
- Local Demand
- City
- Elkton
- County
- Rockingham
- State
- Virginia
- Longitude
- -78.6243943
- Latitude
- 38.4147713
Nearby Similar for Sale
FAQs
What type of property is this?
Mobile home & RV park - 19-lot mobile home park with cash flow and growth potential.
Where is this mobile home & rv park located?
The property is located at 605 CELDONS Ln Elkton, VA.
What is the asking price?
The asking price for this property is $725,000.
What are key features of this property?
This property features: Day one cash flow with stable occupancy.; Significant rent growth potential due to below‑market lot rents.; Concrete electrical system upgrade project identified to add lasting value and support rent repositioning.
