Off Market - MHP @ 9cap

Looking for a serious buyer that has experience and can close (preferably cash).
EMAIL me for more details, rent rolls & P*Ls…
** bsquaredcapitalpartners@gmail.com **

  • 60 DD and 90 days to close.
  • roughly 75 lots and a conservative underwriting ~ under $1.9M.
  • 50% POH vs TOH
  • Upside is about $525-$600k in minor improvements within the first 12-18 months.

Area stats to consider – But high demand location due to full occupancy with the other surrounding parks.
Northern OH Mobile Home Park –
Locations: Between Akron and Columbus
City Stats:
•3,148 Pop (+2.5%)
•$34k Med Income
•$101k Home prices
•3.2% unemployment

No Metro, sits inside Holmes County:
•43,800 Pop (+4.1%)
•$47.6 Med Income
•$185k Home prices
•3.2% unemployment