Investment opportunity near the town of Rittman. This 8-lot trailer park is made up of 4 parcels, adding up to almost 3 acres. The mobile homes are tenant owned, which benefits the property by limiting maintenance costs. 7 of the 8 lots are currently occupied, and each tenant pays $275 a month for lot rent. This is under market rent and has potential to be increased. May I also mention that all lots have their own individual driveways coming off of Easton Rd. 2 water wells work to supply 8 mobile homes and provide a sufficient amount of water. Electricity used to run both wells is the only monthly expense to the landlord, and this averages $75 a month. 4 septic systems are in place and do the job for this property. Here you are given the chance to make a great return on investment with low maintenance.
- Price:
- $229,000
- Acreage:
- 2.90
- Listing ID #:
- 4439740
- Street Address:
- 9604 E Easton Rd
- City:
- Rittman
- State:
- Ohio
- Postal Code:
- 44270
- County:
- Wayne
- Listing Status:
- Active
- Listing Type:
- Land
School District: Rittman Evsd
- Exterior Features:
- Unpaved Driveway
- Approximate Lot Size Range Source:
- Assessor
- Lot Size:
- 2.897
- Total Number Of Lots:
- 4
- Days On Market:
- 87
- On Market Date:
- 2023-02-22
- Originating Mls:
- Yes-Mls
- Middle School:
- Rittman Evsd
- Existing Water:
- Well
- Sewage Type:
- Septic Tank
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By: Kobe Shetler anthony@kaufmanrealty.com (330) 857-7777 with Kaufman Realty & Auction
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The listing information herein is provided through the MLS IDX database. Information is deemed reliable but not guaranteed. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of NEOHREX.
