Listing Agency: NAI Martens

Listed By: Kris Wessel · License #KS BR00226365

Source: Crexi

Added: Apr 11 Changed: Aug 22 Last Checked: Sep 7 at 1:09PM

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Investment Insights

Based on property information with market context.

This mobile home community provides 74 spaces and is served by all public utilities that are direct billed. The property is described as having a value-add component and is currently operating at 40.5% occupancy. The sale also includes the park’s two owned homes.

The community is located in Ironton, Ohio, part of the Huntington-Ashland MSA. Public remarks indicate the property is outside the 100-year flood zone (Zone X), which is associated with reduced risk due to a levy.

This is presented as a smaller-scale entry opportunity in a mobile home community, listed in conjunction with Ohio broker Capitol Real Estate Advisors, Inc.

Key Highlights

• 74‑space mobile home park in Ironton, OH (Huntington‑Ashland MSA)
• All public utilities with direct billing
• Currently 40.5% occupancy

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Building Supply Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Hair Salon Auto Parts Store

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

74

Residential units

40.5%

Occupancy

Yes

Utilities to site

Location Intelligence

Trade Area within ½ mile

54

Businesses Nearby

Explore this area Business Placement

Demographics for 45638, OH

20,114

Population

9,039

Households

2.2

Avg Household Size

43

Median Age

16%

College-Educated

90%

High-School Grad

76.9 sq mi

ZIP Area

262

Density / Sq Mi

$49,544

Median Household Income

$34,972

Median Earnings

$782

Median Rent

$118,500

Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022

7.5% 2023

7.8% 2024

8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Mobile home & RV park - Mobile home park offering 74 spaces with all public utilities and direct billing.

Where is this mobile home & rv park located?

The property is located at 2201 N 5th Ave Ironton, OH.

What are key features of this property?

This property features: 74‑space mobile home park in Ironton, OH (Huntington‑Ashland MSA); All public utilities with direct billing; Currently 40.5% occupancy