Historical Multifamily Sale Listing - Maplecroft Mobile Home Park

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Maplecroft Mobile Home Park

374 Maplecroft Rd, North Lima, OH 44452

N/A

41 Spaces | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Spaces:
41
Property Type:
Multifamily
Property Sub-type:
Mobile Home/RV Community
Property Use Type:
Investment
Cap Rate:
10%
Occupancy:
87%
Lot Size:
5.90 AC
Listing ID
15934227
Last Updated
over 1 year ago

Description

MUST SELL. PRICE REDUCED!!!!! Need cash to handle other investments. This is a 41 lot mobile home park currently housing 36 tenants. There is a 4000 sq foot home on the property as well as a large storage barn and a 2 bedroom apartment. Gross rents are $8500 plus.

This park is in a semi rural area that is experiencing solid growth. A new hospital was just completed less than 2 miles from the property. The total amount of land is 5.9 acres. only 2 1/2 of those acres are currently developed, plenty of room for growth.

Map of 374 Maplecroft Rd, North Lima, OH 44452 (Mahoning County)

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