3543 Needmore RdDayton, OH 45414
- Retail space
- 30.61 AC
Property Details for 3543 Needmore Rd
- Year built
- 1961
- Lot size
- 30.61 AC
- Property type
- Retail space
- APN
- R72117011 0026
- APU
- R721170110026
Description
This exceptional investment opportunity presents a stabilized portfolio of three mobile home parks in Dayton, Ohio, totaling 660 sites with 96% occupancy as of July 31, 2024. The Dayton-Canton MHC Portfolio comprises Sunny Acres MHP, Woods MHP, and Beth MHP, each showcasing attractive curb appeal with beautifully landscaped grounds and well-maintained amenities. A significant advantage is the low percentage of park-owned homes (only 6%), with most existing homes being 2020 or newer, minimizing costly repair expenses. Currently operating with below-market rents, this portfolio offers substantial upside potential. Furthermore, a compelling expansion opportunity exists to add up to 124 additional sites, significantly increasing rental income. Filling just half of these potential sites at current lot rents could boost annual income by over $390,000. The portfolio benefits from public utilities, making it a turnkey investment ready for immediate returns. Located at 3543 Needmore Rd, Dayton, OH 45414, in Montgomery County, this property presents a rare chance to acquire a high-performing, expandable mobile home park portfolio in a desirable Ohio market.
Location Insight
- City
- Dayton
- County
- Montgomery
- State
- Ohio
- Latitude
- 39.8225
- Longitude
- -84.1608
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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