Marcus & Millichap is pleased to present a 51 site manufactured home community in Canton, Ohio. The community is currently 90 percent occupied with nearly half of the tenants being qualified as seniors. Investors should take note of both the strong tenant base at the community as well as the large lots that can accommodate 14' x 70' homes. This asset is being offered for sale at a 9.59 percent capitalization rate. The park is on private water and sewer that the owner is responsible for maintaining. Over the past year the current owner spent $186,000 to rebuild the sewer plant. A new investor will have immediate upside in sub-metering each individual home. The community is situated only five miles from Downtown Canton and within one mile of a newly developed golf club known as The Quarry Golf Club (www.quarrygolfclubggp.com). The Quarry Golf Club is attracting a new flow of high-end homes in and around the area.

Canton, Ohio is the county seat in Stark County and is commonly known to most as being the home to the Pro Football Hall of Fame. Expansion Management ranked Canton, Ohio as being one of the "Best Cities for Recruitment and Attraction" in the United States.