605 Celdons LaneElkton, VA 22827

Description

Investment opportunity in Elkton, Virginia consisting of a 19 pad mobile home park situated on approximately 1.83 acres. The property has an established tenant base with current lot rents generally around $300 per month, providing existing income with potential for future rent growth. The front nine pads are served by public water and sewer, while the rear ten are served by public water and private septic systems. The current mix includes 17 tenant owned homes as well as one park owned home. The Town of Elkton has identified improvements needed to the property’s electrical infrastructure, including a new meter bank. Prospective purchasers should review the available documentation regarding the electrical system and independently verify the scope, cost, timing, and requirements associated with the work. Financial information, rent roll, utility information, septic documentation, and additional property records are available to qualified prospective purchasers upon request and execution of an NDA. Please do not disturb tenants.

Property Information

Property type

Commercial Sale

Year built

1958

Lot size

1.83 acres

Parking spaces

19

Zoning

A2

Days on market

106

MLS^® Listing#

VARO2002942

Property Features

Cooling

None

Heating

None

Parking

Parking Lot

Construction

Other

Sewer

Septic Tank · Public Sewer

Water source

Public

Schools

District

ROCKINGHAM COUNTY PUBLIC SCHOOLS

Financial Details

Annual taxes

$1,984Tax year 2026

Assessed value

$291,700

Parcel number

131-1-1-A

Directions

From Harrisonburg - 33 East, Turn left on Business 33, turn left on Shenandoah Ave, and location will be on your left.