Mobile Home Park Details

  • Purchase Method: Cash
  • Property ID: 1113318
  • Posted On: Jul 30, 2019
  • Updated On: Sep 20, 2019

Property Description

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Predominately Resident Owned Home Community. Sitting at 54% occupied this property was recently bought back by the original lender. This is not a standard sale, this property is a fire sale to get it off the seller's balance sheet! Rents are well below market, and support an increase of $50.00 or more. The property sits less than 10 minutes from a Super Walmart and is surrounded by big box stores and restaurants. Mansfield, Ohio has a strong and stable MSA. A simple infill program would seem to make sense as there is a need for low income housing in this area.

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Park Information

Community Type: All Age
Total Occupancy: 54.0 %
Average MH Lot Rent: $260

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

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