Mobile Home Park Details

  • Purchase Method: Cash
  • Cap Rate: 10.0%
  • Listing ID: 121220
  • Posted On: Feb 24, 2012
  • Updated On: Jun 4, 2014

Description

 27 ½ +/- Acres
 Approximately 450’ of river frontage
 50 Floating Dock Marina with Launch Ramp
 33 Mobile Home Pads ( lot rent includes sewer and trash only)
 109 Seasonal Campsites ( lot rent includes water, sewer and trash only)
 1 – 2 Bedroom 1 bath home
 1 – 3 Bedroom 2 bath home
 Clubhouse is 28’x80’ with redwood peaked ceilings, general store, stage with dance floor, kitchen and office.
 Laundry Mat attached to the Clubhouse
 Shower and Bathroom Facility Men & Women with 3 showers and 3 commodes
 Heated Inground Pool with patio that can seat 150 people with a stage
 24’x30’ work shop building
 Fish Cleaning Building on site
 Some equipment and inventory stays
This is a very nice property, right on the Portage River. The mobile home park only has 1 park owned trailer and the campground has a waiting list to get in. Property is located in Erie Twp which is an unzoned twp. This gives a wide range of expansion potential!

Location

Right on the Portage River in Port Clinton, OH

Amenities

  • Laundromat
  • Pool
  • Club House
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Park Information

Community Type: All Age
Number of MH Lots: 33
Total Occupancy: 98.0 %
Average MH Lot Rent: $190
Size: 28 acre(s)

Lot Information

Singlewide Lots: 33

RV Information

Number of RV Lots: 108
Average RV Lot Rent: $1,200

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: Treatment Plant

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