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Mobile Home Park

Valley MHP

2288 W High St NE, Newark, OH 43055

Listing Price: $2,960,000

Cap Rate
6.00%
Number of Spaces
46
Lot Size
10.48 acres
Occupancy
89.0%
Price/Space
$64,348
Spaces/Acre
4.39
Year Built
1980

Investment Overview

Opportunity to acquire a 46 site manufactured housing community located in central Ohio.

Investment Highlights

  • Valley MHP Comprises 46 Sites, Situated in Newark, Ohio, a Historic City in Licking County known for its Rich Heritage, Diverse Economy, and Amenities, Including Ohio State University's Newark Campus
  • Valley MHP Offers its Residents Private Well Water and Public Sewer Services that are Billed back. Tenants also Enjoy that the Community Borders Legacy Park Offering them Additional Green Space
  • This Community Offers Expansive Home Sites, an Outdoor Pavilion, Picnic Areas, a Playground, and Convenient Interstate Access, Situated just Two Miles from Route 16
  • Located 47 Miles East of Downtown Columbus, with its Substantial Population of 917,811, Residents can Enjoy both a Serene Living Environment and Accessibility to the Vibrant City
  • With an Occupancy of 89 Percent, a New Investor can Initiate a Robust Sales Program to Fill the Vacant Lots

Exclusively Listed By

Mobile Home Park

Valley MHP

Listing Price: $2,960,000

Cap Rate
6.00%
Number of Spaces
46
Lot Size
10.48 acres
Occupancy
89.0%
Price/Space
$64,348
Spaces/Acre
4.39
Year Built
1980

Investment Highlights

  • Valley MHP Comprises 46 Sites, Situated in Newark, Ohio, a Historic City in Licking County known for its Rich Heritage, Diverse Economy, and Amenities, Including Ohio State University's Newark Campus
  • Valley MHP Offers its Residents Private Well Water and Public Sewer Services that are Billed back. Tenants also Enjoy that the Community Borders Legacy Park Offering them Additional Green Space
  • This Community Offers Expansive Home Sites, an Outdoor Pavilion, Picnic Areas, a Playground, and Convenient Interstate Access, Situated just Two Miles from Route 16
  • Located 47 Miles East of Downtown Columbus, with its Substantial Population of 917,811, Residents can Enjoy both a Serene Living Environment and Accessibility to the Vibrant City
  • With an Occupancy of 89 Percent, a New Investor can Initiate a Robust Sales Program to Fill the Vacant Lots

Investment Overview

Opportunity to acquire a 46 site manufactured housing community located in central Ohio.

Exclusively Listed By

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