Properties for Sale

# 212 - East, Ohio, United States

Basic Details
Property Type : Mobile Home Community
Age of Community : 40 Years
Ref ID : # 212
Owner Occupied : 66
Price : $1,800,000
Number of Vacant Lots : 2
Total Number of Sites : 70 + 1 Stick Built Home
Rentals : 0
Listing Type : For Sale
Number of Vacant Units : 2
Number of Undeveloped Lots : 0
Address Map
Country : US
State : OH
City : East
Financials
Property Description

Community Information
Total Acres:
Unused Acres: 0
Traditional Occupancy Rate: 95%
Is Manager Onsite: Yes
Number of Entrances to Park: 6
Average Lot Size: Mostly Singlewide park, will hold 16’s and 14’s, there are some doublewides.

Rental Information
Owner Occupied Rent: $225-$235
Rental Unit Rent: –
Collection Rate: 98%
Last Rent Increase: Sept. 2012
For How Much: $10

Utilities & Infrastructure Information
Type of Water: City
Individual Meters: Yes
Type of Sewer: City
Individual Meters: Yes
If So Who Reads and Bills: Park
Who Owns the Lines: Park
Type of Roads: Asphalt
Who Maintains Roads: Park
On/Off Street Parking: On And Off
Electric Provider: Ohio Edison
Amp Service: 100-200
Natural/Propane Gas: Natural

Amenities & Pride of Ownership Info
Average Age of Homes: 20 Years
Group Mailboxes: Yes
Club House: No
Play Ground: No
Laundry: No
Mature Trees: Yes
Basketball Courts: No
Park Rating: B

Makeup of Area
Where Tenants Work:
Largest Employer:
Population: City- $2,700, County 107,000
Comments: Consists of 2 parks neighboring each other. A rent increase is definitely needed as it has been 6 years since the last increase. There are a good number of vinyl/shingled homes.