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1015 N Main St
Marion, OH 43302
Mobile Home Park · Multifamily Property For Sale · 10,000 SF

Property Facts

No. Units 9
Property Type Multifamily
Property Subtype Manufactured Housing/Mobile Home
Apartment Style Low-Rise
Building Class C
Lot Size 1.75 AC
Building Size 10,000 SF
Average Occupancy 12%
No. Stories 1
Year Built/Renovated 1975/2018
Zoning MHP

About 1015 N MAIN ST , MARION, OH 43302

For sale is a Marion, Ohio, 1.25 acre Mobile Home Park at the corner of N Main St and Copeland Ave, at 1015 N Main St. This is an unbelievable value add opportunity, or simply run it as is for the cash flow that’s already being generated. There were previously 50 mobile home sites at this location! The value is in the land and already permitted use. This can a gold mine for the business savvy, real estate investor, who could potentially grow to 50 sites at $375 per month, generating $225,000 per year, just in lot fees! Marion is the ideal town for such a park, as all neighboring parks are full with waiting lists, and the demand for affordable housing is extremely high. There are currently 6 good standing, currently occupied, resident owned, mobile home units. Current residents are paying a $275/ mo fee, with no outstanding balances. There are additional unoccupied units, along with a single family dwelling, and what was previously the laundry facility. All of which need extensive renovations.

Property Taxes

Property Taxes

Parcel Number
12-2090000.100
Land Assessment
$15,940
Improvements Assessment
$48,590
Total Assessment
$64,530
  • Listing ID: 13349171

  • Date on Market: 8/1/2018

  • Last Updated:

  • Address: 1015 N Main St, Marion, OH 43302

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