Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 7.0%
- Listing ID: 1492350
- Posted On: Aug 8, 2021
- Updated On: Jul 12, 2022
Description
Contact Kris Wessel at NAI Martens, kwessel@martenscos.com.
Super attractive 51-space community with many recent improvements. Current owner has infilled 15 brand new Legacy homes in the past year. Other upgrades include landscaping projects, roads re-sealed, and fix up on existing homes. Toledo is a high rent market with many corporate operators of MHC's, so this property will have opportunities for continued rent growth. Ohio Broker of record is Mark Baringer of NAI Harmon SAL.0000272275.
Location
Located in Toledo, Ohio (Metro Population 605K). Abundant employment centers nearby.
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 51 |
| Total Occupancy: | 98.0 % |
| Average MH Lot Rent: | $437 |
| Size: | 11 acre(s) |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
