Mobile Home Park
For Sale
Contact for pricing
Pending
4044 Evaline St SE, Warren, OH 44484
Three mobile home parks with 512 sites, including occupied tenant-owned homes, rent-to-own units, vacant lots, and apartments.
Property SizeContact for details
Days on Market121
Property Features for 4044 Evaline St SE
General Information
Standard status
Pending
Property subtype
Mobile Home Park
Additional Details
Multifamily Units
5
Listing Agency:
Other Street Advisors
Listed By:
Enon Winkler · License #FL BK3055134
Source:
Crexi
Added: Apr 12
Changed: Aug 10
Last Checked: Aug 10 at 4:20AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Other Street Advisors
Investment Insights
Based on property information with market context.
This three-park mobile home portfolio totals 512 sites across the Youngstown-Warren and Akron MSAs. The portfolio includes 203 occupied tenant-owned homes with an average lot rent of $314 per month, plus 9 rent-to-own homes with an average payment of $432 per month. There are also 96 park-owned homes: 15 are occupied with an average home rent of $369 per month, 19 are vacant and need rehab, and 62 are scheduled for demolition. In addition, the portfolio includes five apartments, with one rented for $500 per month and four currently vacant. There are 22 abandoned tenant-owned homes and 177 vacant lots.
Seller financing is available for up to $2,000,000 of the purchase price with flexible terms. The stated community investment approach includes aligning rents to market rate, infilling vacant lots, and turning over remaining park-owned homes, with the goal of increasing net operating income to $1,332,158 by year three.
Seller financing is available for up to $2,000,000 of the purchase price with flexible terms. The stated community investment approach includes aligning rents to market rate, infilling vacant lots, and turning over remaining park-owned homes, with the goal of increasing net operating income to $1,332,158 by year three.
Key Highlights
- Three mobile home parks portfolio with 512 sites in the Youngstown‑Warren and Akron MSAs
- 203 occupied tenant‑owned homes with average lot rent of $314/M, plus 9 rent‑to‑own homes with average RTO payment of $432/M
- 96 park‑owned homes: 15 occupied (avg home rent $369/M), 19 vacant needing rehab, and 62 to be demolished
Property Analytics
Current Use
Lease Details
5
Residential units
Location Intelligence
Trade Area within ½ mile
55
Businesses Nearby
Explore this area
Business Placement
Demographics for 44484, OH
22,290
Population
9,929
Households
2.2
Avg Household Size
46
Median Age
26%
College-Educated
93%
High-School Grad
17.9 sq mi
ZIP Area
1,245
Density / Sq Mi
$65,435
Median Household Income
$42,490
Median Earnings
$840
Median Rent
$166,100
Median Home Value
Market
Vacancy Rate% for Multifamily in Midwest region
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Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Three mobile home parks with 512 sites, including occupied tenant-owned homes, rent-to-own units, vacant lots, and apartments.
Where is this mobile home & rv park located?
The property is located at 4044 Evaline St SE Warren, OH.
What are key features of this property?
This property features: Three mobile home parks portfolio with 512 sites in the Youngstown‑Warren and Akron MSAs; 203 occupied tenant‑owned homes with average lot rent of $314/M, plus 9 rent‑to‑own homes with average RTO payment of $432/M; 96 park‑owned homes: 15 occupied (avg home rent $369/M), 19 vacant needing rehab, and 62 to be demolished
