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2288 West High Street
Newark, OH 43055

For Sale

  • Price: $870,000
  • Price per Sq.Ft. $2.17
  • Sale Type: Investment
  • Comments:
    This offering includes a well run Mobile Home Park on 10.2919 Acres of land with 2.1718 acres of unimproved land. The Park is currently zoned for 45 housing pads including 32 occupied Pads with 5 Pads Rent-Ready. Current rents range from $201.50 to $277.50 per Month for Tenant owned trailers. Park Owned Trailers rent for $550.00 per Month with current rents averaging $314.00 per month. Huge upside for owner who can upgrade vacant pads to Park Owned Trailers. Owner pays common utilities, sewer, insurance, taxes, maintenance and repairs. Tenant pays Gas & Electric.Property is connected to City sewer with onsite well water. This quiet mobile Home Park is well located in an area with a strong demand for mobile home living. Valley Mobile Home Park is within 1/2 mile of the new Licking Valley School complex as well as nearby shopping and employment.

Property

  • General Use: Multi-Family
  • Specific Use: MUH Mobile Home Park
  • Tenancy: Multi-Tenant
  • Total Units: 45
  • Gross Land Area: 448,315.0 sq ft
  • Lot Size: 10.31 acres
  • County: Licking
  • Market: Newark Ohio
  • Complex: Valley Mobile Home Park

Call Howard Burack at 614-451-5100 x 130
Call Bill Hamilton at 614-395-4098

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