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Address is 9235 West Ridge Rd. Elyria, OH 44035

Todd Fletcher

ARA MHC Group

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West Ridge Green

Land Lease Community for Sale in Elyria, Ohio

9235 West Ridge Rd.
Elyria, OH 44035

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Mobile Home Park for Sale

(Distressed)
This property is in default, REO or in foreclosure.
Number of MH Lots: 303
Size: 47.2 acre(s)
Status: Sold
Property ID: 141632
Posted on: Apr 20, 2012
Updated on: Apr 08, 2013

Property Description

Rare opportunity to acquire a well maintained, all age community within the Cleveland MSA through a Receivership Sale.

Vacancy upside potential with below market occupancy.

Opportunity to purchase the community at an attractive basis and implement a sales or leasing program.

Five community owned homes (as of March'12) to be included in the sale.

Amenities include an on-site leasing office, a swimming pool, and a basketball court.

The community is serviced by public utilities.

No rent control in Ohio.

See marketing flyer posted for additional information.

Park Information

Number of MH Lots:303
Total Occupancy:60.0%
Year Built:1974
Average MH Lot Rent: $357
Size:47.2 acre(s)

Utility Information

Water:City
Sewer:City