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Martin’s MHP

Youngstown, Ohio

Property overview

Youngstown offers a wide variety of unique attractions, outdoor recreation areas, arts and culture, restaurants, and shopping galore, as well as plenty of challenging golf courses. Also included here is the world-renown Butler Art Institute, Mill Creek MetroParks, seven wineries, local restaurants, museums and historic sites.

MHRE Inc. is pleased to offer Martin’s MHP for sale. The property is located in Youngstown, Ohio in northeast Ohio, on the western border of the State of Pennsylvania. The County is approximately 78 miles southeast of Cleveland and 62 miles Northwest of Pittsburgh.

Martin’s MHP
4055 South Avenue
Youngstown, Ohio 44512

For detailed information on this property please contact: Enon Winkler (407) 616-0250.

Property Summary

Total Sites131
Year Constructed1942
Land (Acres) +9.676
Occupancy51.1%
Average Rent/Site$318
PRIMARY USEMHP
PROPERTY TYPEFamily
STAR CLASSIFICATION1.5
WATERMunicipal
SEWERMunicipal

OFFERING SUMMARY

Community Price$2,000,000
Total Investment$2,000,000
Cap Rate - Year 1 (With Reserves)8.42%