# 959 N King Street, Hampton, VA 23669

> **TL;DR:** commercial, $775,000. Est. $4,145/mo. Listed 247 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $775,000 |
| Lot Size | 112,341 sqft (2.58 acres) |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 247 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $3,919 |
| Estimated Insurance | $226 |
| **Total** | **$4,145** |

## Property Highlights

- 2.58 acre lot

## Description

### Agent 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.

## Location

- **Address:** 959 N King Street, Hampton, VA 23669
- **County:** Hampton VA
- **Neighborhood:** ALL OTHERS AREA 103

## Listing Agent

- **Name:** Rick Brandt
- **Brokerage:** Connect RE LLC
- **Broker Phone:** (757) 525-3639

## Photos

![959 N King Street - Photo 1](http://lh.rdcpix.com/eba5bf62be123639957532bc236b0b0al-f1673671112r.jpg)

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**MLS#:** 10621211 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 Real Estate Information Network, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/959-n-king-street-hampton-va-23669-3077711f5a5b46e5bbda64ac61cf57f4)

---

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