Contact Information
Dominic Bologna
Mobile Home Park Details
- Price: $1,950,000
- Purchase Method: Cash
- Cap Rate: 7.7% (Actual)
- Listing ID: 7035109
- Posted On: May 14, 2026
- Updated On: May 14, 2026
Description
41 MH pads + 10 RV pads
City water, WWTP
All MH pads are full
28 Park Owned Homes - Very well-maintained stock, used as short term rentals
13 Tenant Owned Homes
$262K in Gross rents
Park pays water, roughly $1500 monthly.
Next owner has an opportunity to submeter the water to save $18K annually.
With long term tenants in the POH, rent bumps on TOH and submetering water, can move to a 10.5 cap in year two.
Location
Eastern Ohio - 7 miles from Wheeling WV
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 41 |
| Total Occupancy: | 100.0 % |
| Average MH Lot Rent: | $180 |
Financial Information (Actual)
| Gross Income: | $262,000 |
| Operating Expense: | $101,000 |
| Net Operating Income: | $151,000 |
| Expense Ratio: | 38.5 % |
Lot Information
| Singlewide Lots: | 41 |
RV Information
| Number of RV Lots: | 10 |
| Average RV Lot Rent: | $350 |
Utility Information
| Water: | City |
| Water Paid By: | Park |
| Sewer: | Treatment Plant |
Park-Owned Homes
| Number of Park-owned Homes: | 28 |
| Average Rent for Park-owned Homes: | $1,000 |
