Mobile Home Park Details

  • Purchase Method: Cash
  • Property ID: 1052459
  • Posted On: Apr 12, 2019
  • Updated On: Sep 10, 2019

Property Description

Two properties located in Mt Gilead and Warren
Ohio. Both parks are being sold together, and offer a huge value add proposition at a low price. Both parks have long standing
tenants, with some tenants having their families also residing at the same park.

Surrounding parks show strong occupancy, and
a simple infill program could turn both of these parks into great income producing assets.

Mohawk MHP, is located in Mt Gilead
Somerset MHP is located in Warren Ohio

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Park Information

Community Type: All Age
Number of MH Lots: 91
Total Occupancy: 29.0 %
Average MH Lot Rent: $299

Lot Information

Singlewide Lots: 91

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 11
Average Rent for Park-owned Homes: $400

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