About This Home
This 0-bedroom, 0-bathroom commercial at 605 CELDONS LN #19 in Elkton, VA is listed for $650,000. on a 1.83 acres lot.
Key Features
- 1.83 acre lot
Property Details
Investment opportunity in Elkton, Virginia consisting of a 19 pad mobile home park situated on approximately 1.83 acres. The property has an established tenant base with current lot rents generally around $300 per month, providing existing income with potential for future rent growth.
The front nine pads are served by public water and sewer, while the rear ten are served by public water and private septic systems. The current mix includes 17 tenant owned homes as well as one park owned home. The Town of Elkton has identified improvements needed to the property's electrical infrastructure, including a new meter bank.
Prospective purchasers should review the available documentation regarding the electrical system and independently verify the scope, cost, timing, and requirements associated with the work. Financial information, rent roll, utility information, septic documentation, and additional property records are available to qualified prospective purchasers upon request and execution of an NDA. Please do not disturb tenants.
Monthly Cost Estimate
$3,476/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
605 CELDONS LN #19
Elkton, VA 22827
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 605 CELDONS LN is listed at $650,000. The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: 1.83 acre lot.
This property is listed by Michael Kalman and can be reached at 5402365800.