Riverside Mobile Home Park

We are pleased to present Mountainview Mobile Home Village, a 79-lot manufactured housing community located in Zanesfield, Ohio. List Price: $3,500,000 for the community (7.33% Cap Rate – Excludes home rental revenue) + Home Value (~50% of NADA Value) =Total: $3,999,999 Mountainview is a family community operating at 92%+ occupancy. The tenant mix consists of nearly all park-owned homes. Mountainview provides investors with the opportunity to acquire a 79 space MH community with strong occupancy in the Ohio market. The heavy POH allocation allows a purchaser to significantly lower their basis after selling off the 72 park-owned units. Recent homes sold at 2x+ NADA Value. (NADA VALUE ~ $893k) 79 total lots 66 POH (occupied) 6 TOH 6 POH (vacant) 1 office After discovering theft and mismanagement one year ago, current ownership replaced the management company, evicted 15+ non-paying tenants, and improved economic occupancy by nearly 40%. This community is serviced by well water and a recently upgraded wastewater treatment plant (~$180K spent 2017). All water and sewer maintenance is subbed out to third parties. Mountainview is in good standing with governing agencies and has no issues to report. Zanesfield, Ohio is just minutes from Bellefontaine and within easy reach of the Dayton and Columbus metropolitan areas. Surrounded by major employers such as Honda’s new manufacturing facility which should support increased demand for local housing. Positioned near major transportation corridors including U.S. Route 33, Mountainview provides straightforward access for site visits while offering residents connectivity to a diverse employment base throughout Logan County and Central Ohio. The local housing market provides a favorable backdrop for manufactured housing demand. Single-family homes in the area commonly trade just north of $200k, creating a meaningful affordability gap that positions Mountainview as an attractive option for residents seeking quality, lower-cost housing. As always, this is a confidential sale. Please do not go to the community without setting up a showing appointment with the listing agents. If on site, do not under any circumstances speak with any tenants or employees. Please contact us for additional information.

Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, presents the offering to acquire Toledo Estates, a 125-total site, all-ages mobile home community in the heart of Toledo, Ohio just two miles from the University of Toledo and centrally positioned less than 5 miles from both I-475 and I-75, providing residents quick and convenient access to all the surrounding dining, retail, shopping, area attractions and more that Toledo has to offer. The city of Toledo continues to distinguish itself as one of the Midwest’s most affordable housing markets, offering a compelling combination of attainable housing costs and stable renter demand. Toledo Estates prime infill position offers investors an attractive combination of durable workforce housing demand, belowreplacement cost pricing and a diversified regional economy. Toledo Estates presents a significant infill and revenue-growth opportunity. With 51 vacant homes and 39 vacant pads served by in-place infrastructure and rents below 2025 market average of $505, an operator with manufactured-housing expertise can rapidly rehab and sell/rent existing homes and bring in new homes, to lift occupancy, and drive substantial revenue growth. There is a clear path to accelerated stabilization and the opportunity represents a compelling return on invested capital. The asking price for the park is $2,950,000 ($23,600/site).

Utica Mobile Home Park is a fully occupied mobile home park investment property consisting of 17 park-owned mobile homes on concrete pads. The property includes two parcels totaling 1.93 acres: a 1.34-acre mobile home park parcel at 423 Donahey Drive and a 0.59-acre parcel at 427 Maple Avenue featuring a 7,480 square foot pole barn home. All mobile homes have been completely renovated and feature updated utilities including water, sewer, electric, and natural gas. Each home is equipped with 200-amp service. The pole barn home offers 2 kitchens, 2 laundry hookups, family quarters up and in-law quarters down, handicap accessible, 4 bedrooms, 4 full bathrooms, 2 half bathrooms, an indoor heated pool with kitchenette, and a 6-car garage with commercial kitchen.

COSHOCTON COUNTY, OH - Tucked into the rolling countryside of Coshocton County, Ohio, River Glenn Estates is a 76-pad manufactured-housing community on 31.5 acres — the kind of established, public-utility community that rarely trades at this basis. Offered at $1,900,000, about $25,000 a pad, it is priced below its own 2022 MAI appraisal of $2,000,000. The community sits on municipal water and sewer with paved private roads throughout, so there are no wells or septic systems to manage. Most residents own their homes — 21 tenant-owned sites, plus 9 long-term RV sites and a handful of park-owned and rent-to-own homes — which keeps operations light while the community collects steady ground rent. Just as important is where River Glenn sits relative to Ohio's fastest-moving economy. The community is roughly fifty minutes from Newark and a little over an hour from Columbus — Newark sits almost exactly halfway, about 47 miles from the property, with Columbus another 72 miles west. That places it on the rural edge of what officials now call the "Silicon Heartland." Newark and surrounding Licking County have become a magnet for hyperscale investment: the New Albany International Business Park spans roughly 12,000 acres and has drawn data-center campuses from Amazon Web Services, Microsoft, Google, Meta and others, while Intel's roughly $28 billion "Ohio One" semiconductor campus is under construction in the county, with its fabs slated to come online in the early 2030s. The jobs, payrolls and contractors gathering around Newark create exactly the kind of outward housing pressure that lands in affordable communities one county over — and River Glenn offers attainable workforce housing at a fraction of metro-Columbus cost. What makes River Glenn compelling is what is still to come. Forty of its seventy-six pads are occupied today — nearly half the community already built and waiting, paved and connected. This isn't a bet on rising rents or a hot market; the upside is physically on the ground, in finished pads that simply need homes. Filling those vacant pads is the headline opportunity — each home placed at the going $375 lot rent adds lasting value, on sites that would cost six figures apiece to build from raw land. From there, sub-metering the water recaptures roughly $13,900 a year the park now absorbs, and bringing a handful of below-market lots up to standard adds another layer — all through ordinary, hands-on management, nothing speculative. The price is supported from two directions at once. An independent appraisal already values the property above the ask, and the income tells the same story: once leased up, River Glenn pencils to a cap rate north of 11% on the asking price, with a stabilized value comfortably above today's basis. For the right operator there is room to structure the purchase — including seller financing — to step into tomorrow's value at today's price. In short, it is a chance to buy below replacement cost, below appraisal, and to own the upside outright.

This 84-lot site mobile home park offers significant potential for the discerning investor. The property presents a unique chance to revitalize and transform a distressed asset into a lucrative investment. With strategic positioning in Millersburg, this property holds promise for sustained occupancy and rental growth. Take advantage of this rare chance to breathe new life into this promising investment in the heart of Millersburg.

M&K Mobile Home Park is an all-ages community in Toledo, Ohio, offering a diversified rental stream of tenant-owned and park-owned homes, plus a standalone residential unit. The property features sub-metered city utilities, predictable tax overhead, and clear value-add potential through infill of utility-ready sites and expansion on permitted land. It is conveniently situated steps from local schools, a public library, and major retail corridors.