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In-PersonVirtual Tour
$ 650,000
Est. payment | /mo
1.83 Acres Lot
$ 650,000
Est. payment | /mo
1.83 Acres Lot
Key Details
Property Type Commercial
Sub Type Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID 675597
HOA Y/N No
Annual Tax Amount $1,586
Tax Year 2025
Lot Size 1.830 Acres
Acres 1.83
Property Sub-Type Land
Property 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.
Location
State VA
County Rockingham
Area Rockingham Co Ne
Zoning A-2 Agricultural General
Direction From Harrisonburg - 33 East, Turn left on Business 33, turn left on Shenandoah Ave, and location will be on your left.
Interior
Fireplace No
Others
Tax ID 131/ 1/ / 1/ A
Listed by Valley Realty Associates
Nearby Locations
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