For Sale
$719,000

4800 HwyWest Jefferson, OH 43162

Mobile Home Park w/ Add'l Income

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity in West Jefferson, Ohio, presents a thriving mobile home park situated on a substantial 152,024.4 square foot lot at 4800 U.S. Hwy 40, zip code 43162. The property encompasses 22 mobile home lots, with 19 currently generating rental income, offering immediate cash flow. Three additional lots are available for development, presenting a significant value-add potential for future growth. Adding to the income stream are four rentable storage units. The property also includes a 952 square foot, three-bedroom, one-bathroom house with a newly installed roof (2023) and an attached two-car garage. The park's infrastructure includes its own on-site wastewater treatment facility. The asking price is $719,000, translating to $8.29 per square foot of the 86,684 square feet of net rentable area. The property was built in 1986 and is being sold "as is, where is," with curb offers only. Access will be granted upon acceptance of an offer. This is a remarkable opportunity to acquire a well-established, cash-flowing asset with significant upside potential in a rapidly developing area.

Property Details for 4800 Hwy

Property type
Specialty properties
Square Feet
952 SF
Year Built
1986

Location Insight

City
West Jefferson
County
Madison
State
Ohio
Latitude
39.935781
Longitude
-83.408792
4800 Hwy, West Jefferson, Ohio

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4800 Hwy
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