$775,000
( )
 $4,160 est/mo Sourced by Back At You

959 N King St,Hampton, VA 23669

Hampton, VA 23669

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Description

Seize a rare opportunity to acquire Elmwood Trailer Park, a high-performance asset positioned within the high-demand affordable housing sector. Spanning 2.58 acres, this 15-site park represents a premier entry-point for the savvy investor seeking recession-resistant cash flow. Because zoning for new parks is difficult to obtain, Elmwood benefits from high occupancy and a captive tenant base. This land-lease model reduces exposure to traditional multifamily headaches, shifting focus from interior maintenance to high-level asset management and consistent long-term yield. Elmwood is perfectly positioned for an operator looking to capitalize on predictable income and low turnover. The acreage is optimized for low-cost maintenance while providing residents with a spacious atmosphere. Whether you seek a reliable 1031 exchange or a value-add opportunity, this property offers the fundamental strength for equity growth. Full financials are available upon request.

Details

MLS #10621211
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Days On Site22
Listing Provided ByRE/MAX Connect | Rick Brandt

Features

ZoningC1
Acreage2.58

Interior

CoolingNone

Exterior

ConstructionOther
Exterior SidingOther
Garage Yn0
RoofOther

Location

FeaturesNone
LocationOther
Neighborhood NameELMWOOD TRAILER PARK

Parking

ParkingOff Street, Street

Utilities

UtilitiesCity Sewer, City Water, Electric Avail

Other

Lease TypeMonthly

Taxes

Property5422

Area Information

StateVA
CountyHampton VA
CityHampton
Zip Code23669
Area103 Hampton Langley
Community NameALL OTHERS AREA 103
Listing VS Median (in ALL OTHERS AREA 103)
Price:
$775,000
low | high
Med:
$265,000
100% of Average
On site:
22
low | high
Med:
22
100% of Average
Sourced by Back At You

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Learn More About This Property

StateVA
CountyHampton VA
CityHampton
Zip Code23669
Area103 Hampton Langley
Community NameALL OTHERS AREA 103
Listing VS Median (in ALL OTHERS AREA 103)
Price:
$775,000
low | high
Med:
$265,000
100% of Average
On site:
22
low | high
Med:
22
100% of Average
Sourced by Back At You
Listing Updated: October 7, 2026 at 10:14:53 AM PDT