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- MLS#220018014
- TypeCommercial
- CountyLUCAS
- CityToledo
- Zip43607
- StyleCom
- Year Built1948
- Taxes8252
- Price$ 940,000
- Bedrooms0
- Full Bathrooms0
- Half Bathrooms0
- Sqr Footage4968
- Lot Size5 Acres
Listing Provided Courtesy Of:
Ashley J Thomas with Take A Look RealEstate Brokers
Property Description
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.
Price History | |
---|---|
6/9/2020 | Listed $940,000 |
General Features
Building Sq Ft | 0.00 |
---|---|
County | Lucas |
Days on Market | 230 |
Listingmembername | Ashley J Thomas |
Property Type | E |
Status | Active |
Street Name | Nebraska |
Tax District | 18 |
Tax Year | 2019 |
Taxes (yrly) | 8252.00 |
Township | None |
Type | Other Com |
Year Built | 1948 |
Exterior Features
Latitude | 41.646411 |
---|---|
Longitude | -83.602295 |
# of Docks | 0.00 |
# of Drive-In Doors | 0.00 |
Acreage | 5.00 |
Minimum Sqft Avail | 0.00 |
Total Sqft Available | 4968.00 |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult 55+
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool