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Mobile Home Park

Horning Mobile Manor

4971 Pleasant Ave, Fairfield, OH 45014

Listing Price: Request For Offer

Number of Spaces
83
Lot Size
7.35 acres
Occupancy
89.0%
Spaces/Acre
11.29
Year Built
1980

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Horning Mobile Manor, an 83 site community located in Fairfield, Ohio.

Strong Market Fundamentals – Located in Cincinnati, a thriving metro with a diverse economy and major employers like Kroger, Cincinnati Children’s Hospital, and Procter & Gamble, ensuring a stable tenant base. Ohio’s landlord-friendly regulations further support long-term investment stability.

Significant Value-Add Potential – With 89% occupancy, there’s substantial upside in filling vacant sites to increase revenue. Current $628 average lot rents are below market, allowing for rent growth while remaining affordable.

Resilient & Recession-Proof Asset Class – Manufactured housing communities remain in high demand as a cost-effective alternative to traditional housing, providing stable cash flow and lower turnover rates even during economic downturns. Cincinnati’s affordability crisis further strengthens demand for budget-friendly housing.

Investment Highlights

  • 83 Site Manufactured Housing Community
  • Located in the Cincinnati MSA
  • 89% Occupied with Public Utilities

Exclusively Listed By

Financing By

Mobile Home Park

Horning Mobile Manor

Listing Price: Request For Offer

Number of Spaces
83
Lot Size
7.35 acres
Occupancy
89.0%
Spaces/Acre
11.29
Year Built
1980

Investment Highlights

  • 83 Site Manufactured Housing Community
  • Located in the Cincinnati MSA
  • 89% Occupied with Public Utilities

Investment Overview

Marcus & Millichap, as the exclusive listing agent, is pleased to present the opportunity to acquire Horning Mobile Manor, an 83 site community located in Fairfield, Ohio. Strong Market Fundamentals – Located in Cincinnati, a thriving metro with a diverse economy and major employers like Kroger, Cincinnati Children’s Hospital, and Procter & Gamble, ensuring a stable tenant base. Ohio’s landlord-friendly regulations further support long-term investment stability. Significant Value-Add Potential – With 89% occupancy, there’s substantial upside in filling vacant sites to increase revenue. Current $628 average lot rents are below market, allowing for rent growth while remaining affordable. Resilient & Recession-Proof Asset Class – Manufactured housing communities remain in high demand as a cost-effective alternative to traditional housing, providing stable cash flow and lower turnover rates even during economic downturns. Cincinnati’s affordability crisis further strengthens demand for budget-friendly housing.

Exclusively Listed By

Financing By

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