605 CELDONS LN, Elkton, VA 22827
See all 3 photos
605 CELDONS LN, Elkton, VA 22827
605 CELDONS LN, Elkton, VA 22827
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
Mark Novak

Mark Novak

+1(410) 449-7770
Listed by Michael Kalman • Valley Realty Associates
$ 725,000
Est. payment /mo
Save
Pending

605 CELDONS LN Elkton, VA 22827

1.83 Acres Lot

UPDATED:

Key Details

Property Type Mobile Home, Commercial

Sub Type Mobile Home/Campgrounds

Listing Status Pending

Purchase Type For Sale

MLS Listing ID VARO2002942

Year Built 1958

Annual Tax Amount $1,983

Tax Year 2026

Lot Size 1.830 Acres

Acres 1.83

Property Sub-Type Mobile Home/Campgrounds

Source BRIGHT

Property 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

State VA

County Rockingham

Zoning A2

Interior

Hot Water None

Heating None

Cooling None

Heat Source None

Exterior

Garage Spaces 19.0

Water Access N

Street Surface Gravel

Accessibility None

Total Parking Spaces 19

Garage N

Building

Sewer Public Sewer, On Site Septic

Water Public

New Construction N

Schools

School District Rockingham County Public Schools

Others

Tax ID 131-1-1-A

Ownership Fee Simple

Acceptable Financing Cash, Bank Portfolio, Conventional, Other, Negotiable

Listing Terms Cash, Bank Portfolio, Conventional, Other, Negotiable

Financing Cash,Bank Portfolio,Conventional,Other,Negotiable

Special Listing Condition Standard

Bright MLS (BMLS)

NEARBY SCHOOLS & PROPERTIES

Mark Novak

Mark Novak

Team Leader | CCRL531341

+1(410) 449-7770

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Mark's Home Team @ Cummings & Co Realtors, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

605 CELDONS LN

QUICK SEARCH