959 N King ST Hampton, VA $ 775,000
959 N King ST
$ 775,000
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959 N King ST

Hampton, VA, 23669
$ 775,000
Bedrooms-- Baths--

Monthly Estimate*

$ 5,353

959 N King ST, Hampton, VA 23669 - Image 1

Commercial Property for sale in Hampton, VA

for $775,000. The lot size is 2.579.

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.

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Commercial Contingent

Price

$ 775,000

Property Type

Commercial

Taxes

$ 5,422

Style

Commercial/Industrial

Lot Size

2.579

Town/City

Hampton

County/Region

Hampton City

MLS | Web ID

10621211

Features
General
Construction Other
Cooling None
Utilities City Sewer City Water Electric Avail
Ownership Type Simple
Features None
Roof Other
Parking Off Street Street
Zoning C1
Property Type Commercial/Industrial
Area 103 - Hampton Langley
Subdivision Name ALL OTHERS AREA 103
Location Other
Contingencies Feasibility Study/Due Diligence
Sub Type Purchase
New Construction Y/N 0
Non Contingent
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Exterior
Siding Other
Foundation Other
Garage Y/N 0
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* Excluded Features
List By
Rick Brandt

Listing Agent

Re/Max Connect

Broker

Affordability Calculator

$5,805
Per Month
92%
8%
0%
Monthly Principal & Interest
$5,353
Monthly Property Taxes
$452
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 7.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
239339 Elementary School
239621 Middle School
Unknown High School High School

Map


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959 N King ST, Hampton, VA, 23669 is a Commercial Property for sale at $775,000 with a lot size of 2.579. The property's zip code is 23669 which is in Hampton, VA