423 Donahey Dr - Manufactured Housing/Mobile Housing FOR SALE


Utica, OH 43080
$2,999,900 USD
740-616-5749
423 Donahey Dr, Utica, OH for Sale
$2,999,900 USD
Manufactured Housing/Mobile Housing - FOR SALE
1/11
null | Request Cap Rate

423 Donahey Dr
Utica, OH 43080


HIGHLIGHTS

  • Fully renovated, park-owned mobile home community generating stable monthly income
  • Comprehensive utility upgrades across all homes supporting low maintenance operations
  • Multi-level pole barn residence with kitchens on each floor enabling flexible living arrangements
  • Indoor pool, commercial-grade kitchen, and expansive garage offering specialty-use potential
  • Strong regional accessibility and proximity to growing residential and employment hubs
  • Turnkey investment with modern systems, updated interiors, and dependable cash flow

OVERVIEW

This unique Utica, Ohio investment portfolio presents a rare opportunity to acquire a fully renovated, income-producing mobile home community paired with a highly versatile residential pole barn home. Situated on nearly two acres across two parcels, the offering combines stable cash flow with substantial intrinsic real estate value. The mobile home park includes seventeen park-owned units, each positioned on concrete pads and fully updated with modern utilities including water, sewer, electric, natural gas, and individual 200-amp service. A reliable monthly rent roll of $11,200 and a net annual income of $116,058 support strong operational performance, making this asset an appealing addition to any investor’s portfolio. The adjacent pole barn home extends the property’s versatility, featuring four bedrooms, four full bathrooms, two half baths, and a flex layout ideal for multigenerational living, extended-stay housing, or specialty use. Two full kitchens and laundry hookups on each level enhance independent living arrangements, while Amish cabinetry, multiple heating and cooling zones, and extensive insulation contribute to long-term durability. An indoor pool with kitchenette and bath expands the home’s functional footprint, and the six-car garage with RV door and commercial kitchen creates additional potential for catering operations or equipment storage. The Utica area benefits from accessible regional connectivity, a growing residential base, and proximity to greater Knox and Licking County employment centers. Investors seeking stable income, upside potential, and multiple operational pathways will find this offering particularly compelling. With all major capital improvements completed and utilities modernized, the portfolio is positioned for efficient long-term ownership.

FOR SALE DETAILS

PRICE

$2,999,900 USD

PRICE/SF

$109 USD /SF

# OF UNITS

18

PRICE/UNIT

$166,661

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Utica Mobile Home Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.93 AC

LAND SF

84,071 SF

ZONING

C

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Carol MarrRE/MAX Premier ChoiceMore Info
740-616-5749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Carol MarrRE/MAX Premier ChoiceMore Info
740-616-5749

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.