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25496803
25496805

1121 Clayberg Rd, Greenwich, OH 44837

ME
OH OH2023001083
Keller Williams Legacy Group Realty
Listed by Keller Williams Legacy Group Realty
$4,200,000
336 days on market
Updated 14 days ago

Mobile Home Park in Greenwich Ohio

Details
Property Type Mobile Home Park
Sub Type Mobile Home Park
Units 117
Cap Rate 4.18%
NOI $175,527
Broker Co-Op Yes
Class B
Year Built 1992
Buildings 1
Stories 2
Acreage 50.000

Mobile home park with room to expand

Marketing description

Investor's dream! This 50-acre mobile home community offers both immediate cash flow and massive growth potential, making it a rare opportunity in today's market. Currently, 30 acres are developed with 117 oversized lots (averaging 50' x 100' each), providing residents with spacious living while giving new ownership room to improve operations and maximize returns. Even more excitingan additional 20 acres are ready for future development, offering incredible potential to expand the community and significantly increase revenue.

The park is well-equipped and thoughtfully designed with 117 concrete pads featuring 100-amp service, a community building with an attached storage garage, an on-site office, a postal facility, and a resident park area for recreation. Infrastructure is in excellent condition, including private well and septic systems that are professionally maintained and fully compliant with all inspections. Backtop roads throughout the community were resurfaced in 2023, ensuring smooth and reliable access for residents and visitors alike.

Here's the kicker: all lot rents are currently well below market, creating immediate upside for an investor ready to bring them to competitive levels. This property is not only well-maintained but also offers built-in growth potentialboth through operational improvements and physical expansion.

Opportunities like this don't come around often. Whether you're looking to acquire a stable, income-producing asset or expand your portfolio with a property that has significant long-term upside, this mobile home park checks all the boxes. Don't wait, contact us today for financials and to schedule a private tour of this incredible investment opportunity.

Listing Contacts

ME
OH OH2023001083
Keller Williams Legacy Group Realty
Listed by Keller Williams Legacy Group Realty

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$175,527.00
$14,627.25/mo

Valuation Metrics

0
DSCR
4.18%
Cap Rate
4.18%
ROI

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Additional Information

Name
Megan Eckstein
License
OH2023001083
Brokerage
Keller Williams Legacy Group Realty
Title
Real Estate Agent
Brokerage Address
4974 Higbee Avenue Northwest
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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