605 CELDONS LN 19 Elkton, VA $ 725,000
605 CELDONS LN 19
$ 725,000
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605 CELDONS LN 19

Elkton, VA, 22827
$ 725,000
Bedrooms-- Baths--

Monthly Estimate*

$ 4,464

605 CELDONS LN 19, Elkton, VA 22827 - Image 1
605 CELDONS LN 19, Elkton, VA 22827 - Image 2
605 CELDONS LN 19, Elkton, VA 22827 - Image 3

Commercial Property for sale in Elkton, VA

for $725,000. The lot size is 1.83.

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.

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Commercial Active

Price

$ 725,000

Property Type

Commercial

Taxes

$ 1,586

Style

Lot Size

1.83

Town/City

Elkton

County/Region

Rockingham

MLS | Web ID

675597

List By
Valley Realty Associates

Broker

michael.kalman26@gmail.com

Email

Affordability Calculator

$4,596
Per Month
97%
3%
0%
Monthly Principal & Interest
$4,464
Monthly Property Taxes
$132
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
4/9/2026$725,000 Listed Price

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605 CELDONS LN 19, Elkton, VA, 22827 is a Commercial Property for sale at $725,000 with a lot size of 1.83. The property's zip code is 22827 which is in Elkton, VA