QUEEN CITY PORTFOLIO
AVERAGE MH SITE RENT
Opportunity to Acquire Three Well Positioned Manufactured Housing Communities in the Cincinnati Ohio MSA
A Total of 498 Sites that are Currently 81 Percent Occupied
All Three Communities are Serviced by Public Water and Private Sewer
The Population of Cincinnati is Estimated at 301,301, While the MSA Has About 2,120,000 Residents
Institutional Property Advisors, a Division of Marcus & Millichap, is pleased to present the opportunity to acquire three well positioned manufactured housing communities located in the Cincinnati Ohio MSA.
Lebanon Acres, Miami View Estates and Richmond Estates are all-age communities consisting of 498 total sites with a global occupancy rate of 81 percent. All three communities are serviced by public water and
Lebanon Acres, 115 sites, located in Morrow, Ohio, is currently 83 percent occupied and situated on approximately 26 acres. The area has a population of 519,312 and a median housing value of $216,898 within a 15 mile radius.
Miami View Estates, 135 sites on approximately 45 acres located in Cleves, Ohio. The community is currently 89 percent occupied and positioned in an ideal location on OH-128 allowing for easy access to nearby retail such as Meijer, Kroger Marketplace and
Richmond Estates, the largest community out of the three, contains 248 sites situated on 122 acres in New Richmond, Ohio. The community provides its tenants with a clubhouse, pool, and playground.