This Property is no longer advertised on Showcase.com.
Off Market
1/16

500 W Ervin Rd
Van Wert, OH 45891


OVERVIEW

Olympic Park is a 55 lot all age community in the city center of Van Wert, Ohio situated on approximately 6 acres. The park is 100% occupied and stabilized with unit breakdowns as follows: 32 Tenant Owned Homes 15 Rent To Own (appx 4 years left on each) 7 Park Owned Homes 1 Empty Lot The park grosses an average of about 22,000/month and is professionally managed by a local office. All utilities are direct bill except water. Park pays for water at appx $2400/month. Tenants are all long term with a turnover of only 2 tenants a year on average. Most recent rent roll attached. For more info Contact Roman Lytvyn at uslegalcoordinator@gmail.com or by phone +1 786-321-3777 Price $2 150 000

FOR SALE DETAILS

PRICE

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# OF UNITS

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CAP RATE

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% LEASED

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BUILDING DETAILS

PROPERTY NAME

Olympia Park

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

261360

STORIES

1

YEAR BUILT

1980

PARKING SPACES

114

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

12-027496.0000