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500 W Ervin Rd
Van Wert, OH 45891

$2,150,000 USD

Manufactured Housing Mobile Home Park For Sale  •  261,360 SF

Property Details

  • Property Type Manufactured Housing Mobile Home Park
  • Total Building Size 261,360 SF
  • Lot Size 6 AC
  • Building Class C
  • Year Built 1980
0 Transit Score
60 Walk Score

Description

Olympic Park is a 55 lot all age community in the city center of Van Wert, Ohio situated on approximately 6 acres.

The park is 100% occupied and stabilized with unit breakdowns as follows:

32 Tenant Owned Homes
15 Rent To Own  (appx 4 years left on each)
7 Park Owned Homes
1 Empty Lot

The park grosses an average of about 22,000/month and is professionally managed by a local office.

All utilities are direct bill except water. Park pays for water at appx $2400/month.

Tenants are all long term with a turnover of only 2 tenants a year on average.

Most recent rent roll attached.

For more info Contact Roman Lytvyn at uslegalcoordinator@gmail.com or by phone +1 786-321-3777

Price $2 150 000

Property Flyers

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 114
Type: Surface
Included in Rent: Yes
Roman Lytvyn 786-321-3777 Roman Empire Group LLC
Roman Lytvyn 786-321-3777 Roman Empire Group LLC