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.
| MLS # | 10621211 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Days On Site | 22 |
| Listing Provided By | RE/MAX Connect | Rick Brandt |
| Zoning | C1 |
|---|---|
| Acreage | 2.58 |
| Cooling | None |
|---|
| Construction | Other |
|---|---|
| Exterior Siding | Other |
| Garage Yn | 0 |
| Roof | Other |
| Features | None |
|---|---|
| Location | Other |
| Neighborhood Name | ELMWOOD TRAILER PARK |
| Parking | Off Street, Street |
|---|
| Utilities | City Sewer, City Water, Electric Avail |
|---|
| Lease Type | Monthly |
|---|
| Property | 5422 |
|---|
| State | VA |
|---|---|
| County | Hampton VA |
| City | Hampton |
| Zip Code | 23669 |
| Area | 103 Hampton Langley |
| Community Name | ALL OTHERS AREA 103 |
| Listing VS Median (in ALL OTHERS AREA 103) | |
Price: $775,000 low | high Med: $265,000 On site: 22 low | high Med: 22 | |
| State | VA |
|---|---|
| County | Hampton VA |
| City | Hampton |
| Zip Code | 23669 |
| Area | 103 Hampton Langley |
| Community Name | ALL OTHERS AREA 103 |
| Listing VS Median (in ALL OTHERS AREA 103) | |
Price: $775,000 low | high Med: $265,000 On site: 22 low | high Med: 22 | |