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605 Celdons Ln
For Sale $725,000
$725,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 79,715 Sq Ft
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $725,000 |
| Property Type | Manufactured |
| Usable Sqft | Unknown |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1958 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 13111A |
| MLS # | VARO2002942 |
| Property ID | 322739256 |
| Lot Sqft | 79,715 |
| Zoning | A2 |
| Days on Market | 92 |
| Original List Price | Unknown |
| Date Updated | June 03, 2026 |
| Date Created | April 08, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $75,194 | $0 |
| Net Income (Yr) | $ 52,700 |
Listing Provided By
Michael Kalman an agent of . Lic #0225253651
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Data last updated: July 09, 2026.
Robert Crawford
REAL ESTATE AGENT