Welkers Mobile Home Park is a 15 site All Age Community located in Geneva, Ohio. The Park is comprised of 11 Sites, (2) Single-Family Cottages and (2) Undeveloped Sites, totaling 15 Units. Welkers was originally built in 1972 and sits on approximately 1.3 acres. The Community is on All City Services. Electric is provided through an overhead feed offering 60 AMP Electrical Service to each site. Electric, Water and Gas are direct billed. Trash is paid for by the owner and Billed Back at a flat fee ($25.00). There are (9) Park Owned Homes and (4) Vacant Sites. Two of the homes are Weekly Rentals for the Summer Season (May-October) at $700-$800/Week. Two of the vacant sites need infrastructure for water, sewer and electric. The Opportunity includes (2) Single-Family Cottages that are approximately 900 SF (2 Bed/1 Bath). The Community is located in the Heart of Geneva on the Lake, a MUST SEE Summer Destination and entry level Investment Opportunity!

Seller Carry Terms: $217,500 (30%) Down Payment, 5.75% Interest, 30 Year Amortization, Monthly Payment $2,962, Balloon Payment Due In 3 Years.