75% LTV Seller Financing Available

The Williamson Manufactured Housing Advisor’s are pleased to present the opportunity to acquire Dayton Estates MHC, a 93 site community located 10 minutes from downtown Dayton.

Known by many as the Birthplace of Aviation, Dayton is the fourth largest MSA and the sixth largest city in Ohio and is also the county seat of Montgomery. Known primarily for aerospace and defense, it’s no surprise that Dayton is home to the National Museum of the U.S. Air Force which is the largest tourist attraction in the state and Wright Patterson Air Force which used to be the number one employer in the state.

The community is settled on 8.39 acres of land and is only minutes from Route 4 which provides resident’s quick access to all that Dayton has to offer. Demand for affordable housing in the immediate area has been proven as the owners have increased occupancy from 24% in 2020 to over 60% today.
Additionally, since acquisition, the owners have undergone many major capital improvements and increased income by:
- Renovated and rented 44 homes
- Brought in 6 new Adventure homes
- Removed multiple trees and overgrown bushes
- Installed new signage and fence at the front of the community
- Repaired water lines
- New siding on 5 homes
- Implemented four site rent increases for new incoming residents from $195 in 2020 to $350 today
- Billed back water and sewer starting June 2022

A new operator has the opportunity to continue to increase average rent from $295 to $350+, sell or rent 6 Adventure Homes, charge back trash to residents and continue to bring in new homes to achieve 100% occupancy.