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Olympia Park 500 W Ervin Rd
57 Unit Mobile Home Park $3,057,300 CAD ($53,637 CAD/Unit) Van Wert, OH 45891
Executive Summary
Property Facts
Price | $3,057,300 CAD | Building Class | C |
Price Per Unit | $53,637 CAD | Lot Size | 6.00 AC |
Sale Type | Investment | Building Size | 261,360 SF |
Sale Conditions | Business Value Included | Average Occupancy | 100% |
No. Units | 57 | No. Stories | 1 |
Property Type | Multifamily | Year Built | 1980 |
Property Subtype | Manufactured Housing/Mobile Home | Parking Ratio | 0.44/1,000 SF |
Price | $3,057,300 CAD |
Price Per Unit | $53,637 CAD |
Sale Type | Investment |
Sale Conditions | Business Value Included |
No. Units | 57 |
Property Type | Multifamily |
Property Subtype | Manufactured Housing/Mobile Home |
Building Class | C |
Lot Size | 6.00 AC |
Building Size | 261,360 SF |
Average Occupancy | 100% |
No. Stories | 1 |
Year Built | 1980 |
Parking Ratio | 0.44/1,000 SF |
About 500 W Ervin Rd , Van Wert, OH 45891
Olympic Park is a 55 lot all age community in the city center of Van Wert, Ohio situated on approximately 6 acres. The park is 100% occupied and stabilized with unit breakdowns as follows: 32 Tenant Owned Homes 15 Rent To Own (appx 4 years left on each) 7 Park Owned Homes 1 Empty Lot The park grosses an average of about 22,000/month and is professionally managed by a local office. All utilities are direct bill except water. Park pays for water at appx $2400/month. Tenants are all long term with a turnover of only 2 tenants a year on average. Most recent rent roll attached. For more info Contact Roman Lytvyn at uslegalcoordinator@gmail.com or by phone +1 786-321-3777 Price $2 150 000
PROPERTY TAXES
Parcel Number | 12-027496.0000 | Improvements Assessment | $11,006 CAD |
Land Assessment | $16,097 CAD | Total Assessment | $27,103 CAD |
PROPERTY TAXES
Presented by
Roman Empire Group LLC
Olympia Park | 500 W Ervin Rd
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