The community is conveniently located just off of Interstate 70 which is a major artery running through the Midwest. The location provides easy access to Columbus, OH (~55 miles), Pittsburg, PA (~129 miles), Cleveland, OH (~143 miles) and a Super Walmart~ 5 miles.
MHRE Inc. is proud to present Greenlawn Estates Mobile Home Park in Zanesville, OH. The community is situated on 80 acres +/- in which only approximately 20 acres have been developed. The community is a mix of resident owned and park owned homes. In the past year ownership has invested approximately $2.6M into the community and has clearly proven that the demand for homes (new or renovated) is extremely strong as the community has absorbed 40 new homes brought into the community since 2018 and currently has a very strong collection rate in the 98% range.
105 Eastwood Drive
Zanesville, Ohio 43701
For detailed information on this property please contact: Christopher Nortley (586) 884-8416.
|Land (Acres) +||80.6|
|PROPERTY TYPE||All Ages|
|Community Owned Homes & Notes||MAKE OFFER|
|Total Investment||5,700,000 + Homes|
|Cap Rate - Year 1 (With Reserves)||7.88%|