4516 NAVARRE RD SW Canton OH 44706

Wisely Commercial Realty is pleased to offer for sale Meadows Ohio MHC located in Canton, Ohio. This is a rare opportunity to acquire 59 mobile home sites, 89 self-storage units, 2 apartment units, single-family home, and a U-Haul business. The owner has done a great job improving the property the past few years and is ready for the next owner to complete maximizing the potential the property offers. The community is situated on 6.46 acres of land. The property is serviced by well Water and City Sewer.

Community Video: https://youtu.be/sGwHuwS0WNI

Offering Summary

Total Price: $1,995,000

IN-Place NOI: $190,909

IN-Place Cap Rate: 9.57%

Price Per Unit: $13,212

MHC Sites: 59

Storage Units: 89

Single Family Home: 1

Apartment Units: 2

Total Units: 151

MH Occupancy: 71%

Storage Units Occ: 71%

Stable Community with upside potent

City Sewer

Great mix of mobile home sites and storage units