OHIO PARK #1
OHIO PARK #1 - PIC 2
OHIO PARK #1 - OFFICE & LAUNDROMAT
OHIO PARK #2 - PIC 1
OHIO PARK #2 - PIC 2
OHIO PARK #2 - PIC 3
OHIO PARK #3 - PIC 1
OHIO PARK #3 - PIC 2
OHIO PARK #3 - PIC 3
OHIO PARK #3 - PIC 4
Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 9.2%
- Listing ID: 632496
- Posted On: Feb 8, 2016
- Updated On: Apr 11, 2019
Description
3 PARK PACKAGE LOCATED IN MAJOR MARKET which is the 15th Largest City in the US! MAJOR UPSIDE POTENTIAL! 264 Income Units (246 Manufactured Home Sites, 18 Storage Sites). Physical Occupancy is 76%, and Economic Occupancy is 73%. Average Lot Rent is $291 which includes water, sewage and trash for two of the communities. One community rebills for water and sewage. AT ASKING PRICE, the Total Income Cap Rate is 9.2% and Lot Rent Only Cap Rate is 8.6%.
Amenities
- Laundromat
- Storage
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 246 |
| Total Occupancy: | 73.0 % |
| Average MH Lot Rent: | $291 |
RV Information
| Number of RV Lots: | 0 |
| Average RV Lot Rent: | $0 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | City |
