Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1569054
- Posted On: Dec 8, 2021
- Updated On: Jun 6, 2022
Description
For more information please go to www.wiselycr.com or click on the links below.
Community Video Link: https://youtu.be/1PBHnF4q8VE
Offering Memorandum Link: https://www.crexi.com/properties/714733/ohio-st-paris-ohio-portfolio?offeringMemorandum=download
PROPERTY OVERVIEW
Wisely Commercial Realty is pleased to offer for sale three communities near St. Paris, Ohio. Paris Court Piqua has 56 sites and is serviced by well water and a waste treatment plant. Paris Court West has 53 sites and is serviced by city water and city sewer. Paris Court East has 35 sites and is serviced by city water and city sewer. In total the three communities have 144 sites. These parks provide a new operator the ability to come in and fill the vacant sites. The Seller has already started to bring in new homes at one of the communities. The community includes six park owned homes in the sale.
INVESTMENT HIGHLIGHTS
• Value Add Opportunity to fill the vacant sites
• Three Communities Located within Close Proximity To Each Other
• Opportunity to increase lot rents
• Offered At a Low Per Site Basis
Park Information
Number of MH Lots: | 144 |
Total Occupancy: | 46.0 % |
Size: | 19 acre(s) |
Lot Information
Singlewide Lots: | 144 |
Utility Information
Water: | City |
Water Paid By: | Tenant - Submetered |
Sewer: | City |