Building Details

Tenancy Multi

Listing Agency: Cooper Cardinal j*@coopercardinal.com Show Phone

Listed By: Jack A. Cardinal · License #SA642221000

Source: Crexi

Added: Apr 11 Changed: Aug 8 Last Checked: Jul 21 at 10:24PM

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Investment Insights

Based on property information with market context.

The investment opportunity includes a 32-site all-age mobile home park and an adjacent industrial/retail building with approximately 25,000 square feet of leasable space. Skyline Hills Mobile Home Park was originally built in 1950 and sits on approximately 3.1 acres, with a mix of park-owned, tenant-owned, contracted, and vacant sites to accommodate homes. The community is served by all city services. Electric and gas are direct billed, with overhead feed delivering 100 AMP service to each site. Water is sub-metered and billed back, and there is a flat monthly sewer fee of $32.50, with trash paid by the owner.

The adjacent industrial/retail building was built in 1977 and is currently 100% leased to four tenants. Recent capital improvements include a new rubber roof and a dry sprinkler system (approximately $100,000). Marsinos is scheduled to occupy the entire warehouse portion beginning January 1, 2022, and the interior and exterior of the warehouse and driveway are maintained by the tenant, with all utilities paid by the tenant. Other tenants occupy retail space, including a triple net lease expiring August 2023, and additional spaces on month-to-month terms.

Electric is delivered via overhead feed with 100 AMP service to each site, and water is sub-metered with billed-back water. Electric and gas are direct billed, and sewer carries a flat monthly fee.

Key Highlights

• 32‑site all‑age mobile home park on approx. 3.1 acres in Canton, OH; includes 17 park‑owned homes, 9 tenant‑owned homes, 2 homes under contract, and 5 vacant sites
• Adjacent industrial/retail building built in 1977 with approx. 25,000 sq ft of leasable space and 4 tenants in place
• Rental utility structure: all‑city services; electric and gas direct‑billed, electric overhead feed with 100 AMP service per site, and water sub‑metered with back‑billed flat sewer fee of $32.50/month

Property Analytics

Current Use

Marsino's Costumes and Novelties ... (Bike/Boat/Book/etc) Store Nicky Bigs Novelties (Bike/Boat/Book/etc) Store Skyland Hills Campground & RV Park

Suggested Use

Top Pick Restaurant Building Supply Dental Office Auto Parts Store Pharmacy Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant

Tenancy

Yes

Sprinkler system

Location Intelligence

Trade Area within ½ mile

1,942

Businesses Nearby

Explore this area Business Placement

Demographics for 44709, OH

18,509

Population

9,218

Households

2

Avg Household Size

42

Median Age

28%

College-Educated

95%

High-School Grad

5.8 sq mi

ZIP Area

3,191

Density / Sq Mi

$53,144

Median Household Income

$34,941

Median Earnings

$818

Median Rent

$149,400

Median Home Value

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019

4.9% 2020

3.6% 2021

3.1% 2022

4.6% 2023

5% 2024

4.9% 2025

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Frequently Asked Questions

What type of property is this?

Mobile home & RV park - 32-site all-age mobile home park with an adjacent industrial/retail building totaling about 25,000 leasable square feet.

Where is this mobile home & rv park located?

The property is located at 4501 Cleveland Ave NW Canton, OH.

What are key features of this property?

This property features: 32‑site all‑age mobile home park on approx. 3.1 acres in Canton, OH; includes 17 park‑owned homes, 9 tenant‑owned homes, 2 homes under contract, and 5 vacant sites; Adjacent industrial/retail building built in 1977 with approx. 25,000 sq ft of leasable space and 4 tenants in place; Rental utility structure: all‑city services; electric and gas direct‑billed, electric overhead feed with 100 AMP service per site, and water sub‑metered with back‑billed flat sewer fee of $32.50/month