Marcus & Millichap is pleased to present Oakwood Crossings located in Greenwich, Ohio; Huron County. The community consists of 117 sites with private water and sewer, paid for by the landlord. The average rent is $250, which is approximately $25-$30 below market. The community is being offered for $1,750,000, in addition to the real estate offering, the seller is asking $900,000 for the 53 rental/contract homes which breaksdown to $16,981 per home.
The community currently is 74 percent occupied and there are 31 vacant sites. The Seller stated that there is a 15 person waiting list to move into the community, however they do not have any vacant inventory. Major employers consist of education, assisted living and retail.
Greenwich is within a little over one hour from Akron and Cleveland.