Mobile Home Parks for Sale in Virginia

10% Cap rate, room for increased revenue by filling the vacant spaces and creative updates, steady income stream, many long term tenants.

ATTENTION INVESTORS - JUST REDUCED! BELOW MARKET ADJUSTMENT!! Are You Looking for a New Property Investment Opportunity? Check Out This Mobile Home Park for Sale in the Rolling Hills of Smyth County, VA! Property is Located Just Off Hwy 107, 5 Miles From Downtown Saltville and 6 Miles From Chilhowie and I-81, Exit 35. The Property Consists of Three Separate Lots With a Combined Acreage of 13.64 Acres, Deeds to Govern. There Are 17 Mobile Homes in the Park With 16 Units Being Landowner Owned. Each Unit is Individually Metered for Electricity and Water. Also on Property is a 28'x40' Garage/shop Building. One of the Three Lots is a 5.48 Acre Vacant Lot Which Could Be Converted to Additional Mobile Home Lots, Sold as a House Lot or Developed as Income Generating Storage Facility. Rents Have Not Increased for Years and Are Not at Hud Rental Assistance Rates. Financials Available With a NDA, LOI or PSA. With Country Views, Convenient Amenities, and Lots of Potential – This Location is the Ideal Investment. Contact Us to Find Out More About This Unique Opportunity!

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.

Prime Development Opportunity on Lankford Hwy With Seller Financing Available! Positioned along the high-visibility business corridor of Lankford Highway in New Church, VA, this 7.24-acre parcel offers a rare, fully approved mobile home park with significant infrastructure already in place. The property is approved for 18 mobile home lots, featuring two wells with water mains run throughout the park, new electric hookups for all 18 lots, and nine 4-bedroom septic systems already installed. An additional barn on the property provides flexible use for storage, maintenance, or future operations. This property offers a great owner-occupied option. Renovate the existing double-wide as an owner's residence and build out the remaining lots over time to pay your mortgage. With major approvals secured and substantial upfront development costs already completed, this is an exceptional opportunity for investors or operators seeking immediate and scalable income potential in a growing Eastern Shore corridor.

Income-Producing Mobile Home Park Investment; Jan-June 2026 financials updated; click Due Dilligence Strong Cash Flow | Tenant-Owned Homes | Proven Rent Growth This well-performing mobile home park offers a compelling cash-flow opportunity with current lot rents at $425 as of September 2025 (to increase to $450 September 206) and a history of consistent annual increases. Additional upside remains with continued potential for future rent growth. The property features 7 mobile home park lots, with remaining acreage providing surplus land area (no expansion available per county). The community is serviced by well and septic (7 septics), and all homes are tenant-owned, minimizing maintenance responsibilities and operational overhead for the owner. Recent septic testing has been successfully completed, with inspection reports and YTD financials available in the due diligence on this site. Must click NDA Please note: the county has confirmed that no additional sites may be added. Owner will owner finance a small portion; please do not ask for complete owner financing. Investment Highlights • Strong, established rental income • Current lot rents at $425 (Sept 2025-to increase to $450 Sept 2026) • Tenant-owned mobile homes — reduced owner expenses • 7 mobile home park lots + excess acreage • Recent septic testing completed and passed • Well & septic utilities • Consistent historical rent growth • Financials and inspections available in data room; please visit data room before asking for financials!