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About This Home
This 0-bedroom, 0-bathroom commercial at 605 CELDONS LN in Elkton, VA is listed for $725,000. on a 1.83 acres lot.
Rare opportunity to acquire a 19 lot mobile home park in Elkton, Virginia. Situated on 1.83 acres with consistent rental demand, this property delivers day one cash flow alongside a well defined path to meaningfully higher returns. Current lot rents sit well below prevailing market rates, giving new ownership a clear, executable rent growth strategy.
Even conservative adjustments produce a material lift 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 fewer still offer both stable occupancy and a credible value add story. This one does. Resilient rental demand in the area limits downside while the embedded upside does the heavy lifting. Cash flow from day one. Below market rents ready to move. A defined capital project that adds lasting value. Don't miss your chance to acquire a supply constrained, income producing asset that checks every box.
Key Features
- 1.83 acre lot
Property Details
Monthly Cost Estimate
$3,877/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
605 CELDONS LN
Elkton, VA 22827
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 605 CELDONS LN is listed at $725,000. The estimated monthly payment is $3,142 based on 20% down at 6.5% interest.
Key features include: 1.83 acre lot.
This property is listed by Michael Kalman and can be reached at 5409089279 or michael.kalman26@gmail.com.


