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Utica Mobile Home Park 423 Donahey Dr 18 Unit Mobile Home Park $2,999,900 ($166,661/Unit) Utica, OH 43080



Investment Highlights
- Fully renovated, park-owned mobile home community generating stable monthly income
- Multi-level pole barn residence with kitchens on each floor enabling flexible living arrangements
- Strong regional accessibility and proximity to growing residential and employment hubs
- Comprehensive utility upgrades across all homes supporting low maintenance operations
- Indoor pool, commercial-grade kitchen, and expansive garage offering specialty-use potential
- Turnkey investment with modern systems, updated interiors, and dependable cash flow
Executive Summary
This unique Utica, Ohio investment portfolio presents a rare opportunity to acquire a fully renovated, income-producing mobile home community paired with a highly versatile residential pole barn home. Situated on nearly two acres across two parcels, the offering combines stable cash flow with substantial intrinsic real estate value. The mobile home park includes seventeen park-owned units, each positioned on concrete pads and fully updated with modern utilities including water, sewer, electric, natural gas, and individual 200-amp service. A reliable monthly rent roll of $11,200 and a net annual income of $116,058 support strong operational performance, making this asset an appealing addition to any investor’s portfolio.
The adjacent pole barn home extends the property’s versatility, featuring four bedrooms, four full bathrooms, two half baths, and a flex layout ideal for multigenerational living, extended-stay housing, or specialty use. Two full kitchens and laundry hookups on each level enhance independent living arrangements, while Amish cabinetry, multiple heating and cooling zones, and extensive insulation contribute to long-term durability. An indoor pool with kitchenette and bath expands the home’s functional footprint, and the six-car garage with RV door and commercial kitchen creates additional potential for catering operations or equipment storage.
The Utica area benefits from accessible regional connectivity, a growing residential base, and proximity to greater Knox and Licking County employment centers. Investors seeking stable income, upside potential, and multiple operational pathways will find this offering particularly compelling. With all major capital improvements completed and utilities modernized, the portfolio is positioned for efficient long-term ownership.
The adjacent pole barn home extends the property’s versatility, featuring four bedrooms, four full bathrooms, two half baths, and a flex layout ideal for multigenerational living, extended-stay housing, or specialty use. Two full kitchens and laundry hookups on each level enhance independent living arrangements, while Amish cabinetry, multiple heating and cooling zones, and extensive insulation contribute to long-term durability. An indoor pool with kitchenette and bath expands the home’s functional footprint, and the six-car garage with RV door and commercial kitchen creates additional potential for catering operations or equipment storage.
The Utica area benefits from accessible regional connectivity, a growing residential base, and proximity to greater Knox and Licking County employment centers. Investors seeking stable income, upside potential, and multiple operational pathways will find this offering particularly compelling. With all major capital improvements completed and utilities modernized, the portfolio is positioned for efficient long-term ownership.
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- Operating and Financials
- Miscellaneous
Property Facts
| Price | $2,999,900 | Building Class | C |
| Price Per Unit | $166,661 | Lot Size | 1.93 AC |
| Sale Type | Investment | Building Size | 27,480 SF |
| No. Units | 18 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | C - Commercial/Mobile Home Park | ||
| Price | $2,999,900 |
| Price Per Unit | $166,661 |
| Sale Type | Investment |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 1.93 AC |
| Building Size | 27,480 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Zoning | C - Commercial/Mobile Home Park |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | $625.00 | - |
| 3+2 | 1 | $700.00 | - |
| 2+2 | 5 | $725.00 | - |
| 2+1 | 3 | $700.00 | - |
1 1
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
30/100
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Utica Mobile Home Park | 423 Donahey Dr
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