Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Cap Rate: 14.7%
- Listing ID: 234765
- Posted On: Jul 31, 2012
- Updated On: Dec 27, 2012
Description
Property offering is Carriage Way, a 46 space mobile home park located in Toledo, Ohio and within Lucas County. CARRIAGE WAY currently operates lot rents at $270 per month. Park residents are responsible for water, sewer, gas, and electricity. The community is on city water and sewer under a master meter with the occupied sites individually submetered.
CARRIAGE WAY is located off Telegraph Road, west of both North Detroit Avenue and Interstate I-75.
Location
Carriage Way is located in Toledo, Ohio off Telegraph Road, west of
both North Detroit Avenue and Interstate I-75 and in close proximity to
Northgate Park and several other state parks along Lake Erie . Convenient
to I-75, Detroit to the north is approximately 56 miles and the park is
located 5 miles north of downtown Toledo.
Carriage Way is a quiet and well maintained community close to I-75.
The Park is conveniently located close to shopping, restaurants, and
entertainment. Carriage Way is also within a 15 minutes drive to the
Toledo Airport.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 46 |
| Total Occupancy: | 71.7 % |
| Year Built: | 1960 |
| Average MH Lot Rent: | $270 |
| Size: | 3 acre(s) |
Utility Information
| Water: | City |
| Water Paid By: | Tenant - Submetered |
| Sewer: | City |
