Great opportunity! 60 Unit Mobile home park near The University of Toledo. Streamlined expenses running a monthly average around 5900. With a current occupancy rate just under 50%, and monthly NOI around 6900, the cap rate is around 8.8%, with plenty of room for growth and profit.Rents have not been raised in years and can immediately be brought up to market value. Most trailers are tenant owned limiting owner liability.Property also has 3 apartments and an office building with an onsite laundry room.
Based on the average sale price from the Washington Court Hou, OH office
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Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.
2410 Nebraska Avenue Toledo, OH is a Single Family Home for sale at $940000 with 4968 sqft and a lot size of 5 Acres Acre(s). 2410 Nebraska Avenue Toledo has 0 bedrooms, 0 baths and was built in 1948. The property's zip code is 43607 which is in Toledo, OH
*Information deemed reliable but not guaranteed.
Financial calculator disclaimer: Default based on a 30-year fixed rate of 4.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.