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Olympia Park 500 W Ervin Rd
57 Unit Mobile Home Park £1,682,268 (£29,513/Unit) Van Wert, OH 45891
Executive Summary
Property Facts
| Price | £1,682,268 | Building Class | C |
| Price Per Unit | £29,513 | Lot Size | 6.00 AC |
| Sale Type | Investment | Building Size | 261,360 SF |
| Sale Conditions | Business Value Included | Average Occupancy | 100% |
| No. Units | 57 | Number of Floors | 1 |
| Property Type | Residential | Year Built | 1980 |
| Property Subtype | Manufactured Housing/Mobile Home | Parking Ratio | 0.44/1,000 SF |
| Price | £1,682,268 |
| Price Per Unit | £29,513 |
| Sale Type | Investment |
| Sale Conditions | Business Value Included |
| No. Units | 57 |
| Property Type | Residential |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 6.00 AC |
| Building Size | 261,360 SF |
| Average Occupancy | 100% |
| Number of Floors | 1 |
| Year Built | 1980 |
| Parking Ratio | 0.44/1,000 SF |
About 500 W Ervin Rd , Van Wert, OH 45891
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
PROPERTY TAXES
| Parcel Number | 12-027496.0000 | Improvements Assessment | £6,056 |
| Land Assessment | £8,857 | Total Assessment | £14,913 |
PROPERTY TAXES
Presented by
Roman Empire Group LLC
Olympia Park | 500 W Ervin Rd
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