166 S Main St, Pataskala, OH 43062

Village Mobile Home Community at 166 South Main St., Pataskala, Ohio presents a compelling value-add manufactured housing investment in a growing Central Ohio market. Offered at $920,000, this approximately 4-acre community features 24 total lots with city water and city sewer service, a highly desirable utility setup for long-term operations.

The property currently includes a mix of tenant-owned homes and park-owned rentals, creating multiple income streams and operational flexibility. Financials in the offering package indicate strong in-place performance, including $117,000 in gross scheduled income, a 7.87% cap rate, and attractive price-per-site economics of approximately $38,333.

With paved and gravel roads in good condition, natural gas service, and no onsite management or office requirement, the community offers efficient operations with upside through continued occupancy improvements and rent growth. Recent and projected rent increases further support future revenue expansion.

Located in Pataskala, just east of Columbus, this asset combines small-town community appeal with access to one of Ohio’s most active regional economies, making it an attractive opportunity for investors seeking stable cash flow and long-term upside.