RI Marketplace Online Auction April 28-30, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2415/rv-campground-mobile-home-park-toledo-oh-msa-substantial-upside-?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=multifamily_2415

Friedman Real Estate, in partnership with RI Marketplace, is pleased to present the exclusive marketing and sale of a 170-site RV, campground, and mobile home park located in Whitehouse, OH, within the Toledo, OH MSA. The property offers strong cash flow potential, with a projected 2025 NOI of ±$243,000 and multiple value-add opportunities. Currently, 80% of the existing RV and camping sites are reserved for the 2025 season, with occupancy expected to exceed 90% by the season’s start.

Significant upside remains through increasing monthly and annual lot rents, generating additional revenue from off-season storage, implementing tenant utility billing, and bringing in and selling or leasing campers, RVs, and mobile homes. The community is connected to public water and utilities and operates seasonally from May 1st through October 31st each year.

Strategically located just 25 minutes from Toledo, OH, a metro area with over 600,000 residents, Whitehouse offers a welcoming atmosphere, scenic parks, and an active downtown with local shops and eateries, making it an attractive destination for both seasonal and long-term residents.