GREEN ACRES MHP

DELTA, OHIO

Listed By:

Jonathon McClellan

(216) 264-2023

​

Kyle Baskin

(216) 264-2059

​

Connor Outcalt

(216) 264-2029

​

Portfolio Highlights

SITES

OCCUPANCY

AVERAGE SITE RENT

T-12 (Sept'18-Aug'19)

PRO FORMA NOI

REAL ESTATE PRICE

HOMES PRICE

OFFERING PRICE

​

73 (72 MH/1 SF)

100%

$304

$170,429

$184,476

$2,635,000

$230,000

$2,865,000

Investment Highlights

• Opportunity to Acquire an All Age Mobile Home Park Located in Delta, Ohio
   

• 72 MH Plus 1 Single Family Home
   

• 100 Percent Occupied
   

• Walmart Supercenter Within 5 Miles
   

• North Star Bluescope Steel, Located 1.5 Miles from Green Acres, is Currently Undergoing a $700M Expansion Which Will Add 90 Permanent Jobs

Request Property Information

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire Green Acres MHP, an all age mobile home park located in Delta, Ohio. Green Acres contains 72 MH sites plus one single family home, which are fully occupied, situated on approximately 26 acres in the Toledo MSA. The community is serviced by public water and sewer that are sub-metered.

Conveniently located on Main Street/US-20, the community provides its tenants with easy access to shopping and dining. Green Acres is situated less than 5 miles from a Walmart Supercenter. Within 1.5 miles of the community is North Star Bluescope Steel, which is currently undergoing a $700M expansion and is expected to add 90 permanent jobs.