Marcus & Millichap is pleased to present a 235 site MHC located in Ashtabula, Ohio. Glenwood Village has shown an upward trend in occupancy over the past year and it's currently 78 percent occupied. The current owner purchased Glenwood out of receivership and they've been stabilizing the asset since 2013. The community is on public water and sewer with the water being direct billed to the tenants by the city.

Glenwood is being offered for sale at a price of $4,875,000 which equates to an 8.50 percent cap rate. All park owned homes will be included in this price at closing