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Mobile Home Park

Canton/Massillon MHC Portfolio

2654 Richmond Ave NE, Canton, OH 44705

Listing Price: Request For Offer

Number of Spaces
87
Lot Size
11.50 acres
Occupancy
98.0%
Spaces/Acre
7.57
Year Built
1970

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Deluxe MHP and Richmond Park MHC located in the Akron/Canton MSA. The communities contain a total of 85 sites and two single family homes that are 98 percent occupied. Richmond Park and Deluxe are all age communities, serviced by public water and sewer that are sub-metered, located within 9.2 miles of one another. A main attraction in the area is the Pro Football Hall of Fame which is located less than five and a half miles from each community. With the communities located within 9.2 miles of one another, a new investor can continue to benefit from management and maintenance consolidation moving forward. The resident base is long term and stable (many 20 plus year residents) at both parks. Additionally, new ownership will be positioned to grow value through continued strong occupancy.

Investment Highlights

  • Opportunity to Acquire Two Manufactured Housing Communities Located in the Akron/Canton MSA
  • Public Water and Sewer That Are Sub-Metered
  • The Communities Contain 85 Total Sites Plus Two Single Family Homes that are 98 Percent Occupied
  • New Ownership will be Positioned to Grow Value Through Continued Strong Occupancy with Long Term and Stable Residents (Over 20 Years) at Both Parks

Exclusively Listed By

Mobile Home Park

Canton/Massillon MHC Portfolio

Listing Price: Request For Offer

Number of Spaces
87
Lot Size
11.50 acres
Occupancy
98.0%
Spaces/Acre
7.57
Year Built
1970

Investment Highlights

  • Opportunity to Acquire Two Manufactured Housing Communities Located in the Akron/Canton MSA
  • Public Water and Sewer That Are Sub-Metered
  • The Communities Contain 85 Total Sites Plus Two Single Family Homes that are 98 Percent Occupied
  • New Ownership will be Positioned to Grow Value Through Continued Strong Occupancy with Long Term and Stable Residents (Over 20 Years) at Both Parks

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Deluxe MHP and Richmond Park MHC located in the Akron/Canton MSA. The communities contain a total of 85 sites and two single family homes that are 98 percent occupied. Richmond Park and Deluxe are all age communities, serviced by public water and sewer that are sub-metered, located within 9.2 miles of one another. A main attraction in the area is the Pro Football Hall of Fame which is located less than five and a half miles from each community. With the communities located within 9.2 miles of one another, a new investor can continue to benefit from management and maintenance consolidation moving forward. The resident base is long term and stable (many 20 plus year residents) at both parks. Additionally, new ownership will be positioned to grow value through continued strong occupancy.

Exclusively Listed By

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