Iberia Mobile Home Park 8820 11 11 County Road 30, Galion, OH 44833

For Sale     $375,000

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Contact Information

Carol Lessick
Century 21 Excellence Realty

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Mobile Home Park Details

  • Price: $375,000
  • Purchase Method: Cash
  • Cap Rate: 58.0%
  • Listing ID: 4235898
  • Posted On: Jan 3, 2024
  • Updated On: Feb 13, 2024

Description

Great opportunity for this well maintained park. Plenty of room for expansion. 32x40 pole bld. w/ water & electric can also be rented.
Endless possibilities. Located in Central Ohio.

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Park Information

Community Type: All Age
Number of MH Lots: 11
Total Occupancy: 82.0 %
Average MH Lot Rent: $350
Size: 6 acre(s)

Financial Information (Actual)

Gross Income: $32,400
Operating Expense: $10,052
Net Operating Income: $22,348
Expense Ratio: 31.0 %

Lot Information

Singlewide Lots: 11
Doublewide Lots: 0
Triplewide Lots: 0
Park Model Lots: 0

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Septic

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