# 605 CELDONS LN, Elkton, VA 22827

> **TL;DR:** commercial, $725,000. Est. $3,142/mo. Listed 53 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $725,000 |
| Lot Size | 79,715 sqft (1.83 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 53 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,142 |
| **Total** | **$3,142** |

## Property Highlights

- 1.83 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 605 CELDONS LN, Elkton, VA 22827
- **County:** Rockingham

## Listing Agent

- **Name:** Michael Kalman
- **Brokerage:** Valley Realty Associates
- **Phone:** 5409089279
- **Email:** michael.kalman26@gmail.com

## Primary Photo

![605 CELDONS LN - Primary Photo](http://lh.rdcpix.com/3102fe0fddebc83f859dfdfaef4e15e2l-f1691255631r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.com/listing/605-celdons-ln-elkton-va-22827-a675597)*

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**MLS#:** 675597 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Harrisonburg-Rockingham Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/605-celdons-ln-elkton-va-22827-a675597)

---

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