140 Thomas Rd S - Manufactured Housing/Mobile Housing FOR SALE
Tallmadge, OH 44278- Outer East/Tallmadge |
248-848-4089
140 Thomas Rd S
Tallmadge, OH 44278
Outer East/Tallmadge
HIGHLIGHTS
- 5 apartment units providing additional income potential
- Approximately 28% occupancy (30 occupied MH sites), offering a significant lease-up opportunity
- Over 70% vacancy supports a full repositioning and value creation strategy
- 27 vacant pads with no structures allow for immediate infill
- Below-market lot rents with upside as occupancy increases
- Currently recovering only 30% to 35% of utility expenses, presenting significant NOI upside through reimbursement restructuring
OVERVIEW
104 -Site mobile home park located in Tallmadge, OH (Akron suburb). Strong demand for affordable housing in the Akron MSA, supported by a stable suburban location with access to employment, retail, and healthcare. Workforce-oriented demographics supported by ±120,000 residents within a 5-mile radius and average household incomes exceeding $80,000.
FOR SALE DETAILS
BUILDING DETAILS
PROPERTY NAME
Gaslight Village
PROPERTY TYPE
Multi-Family
PROPERTY SUBTYPE
Manufactured Housing/Mobile Housing
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1970
PARKING SPACES
-
LAND DETAILS
LAND ACRES
7.62 AC
LAND SF
331,927 SF
ZONING
-
APN/PARCEL ID
60-06324,60-06334,60-07408,60-09784,68-19625
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
248-848-4089
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
248-848-4089
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
