Three-Bedroom Mobile
For Sale
$132,900
265 S Meachem Port, Clinton, OH 43452
Mobile home with updated kitchen and screened porch.
Property Size980 SF
Days on Market399
Property Features for 265 S Meachem Port
General Information
Standard status
Active
Size
980 SF
Property subtype
Mobile Home
Amenities
Central Air
Natural Gas
Forced Air
Microwave
Water Heater
Refrigerator
Patio, Pool, Porch, Metal
Building Details
Building Size
980 SF
Year Built
1989
Stories
1
Listing Agency:
Wendt Key Team Realty Ltd
Listed By:
Diann M Hamons
(419) 333-8326
Source:
Kw
Added: Sep 12, 2025
Changed: Oct 3
Last Checked: Oct 14 at 7:51PM
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 Wendt Key Team Realty Ltd
Investment Insights
Based on property information with market context.
This three-bedroom mobile home offers flexible living options, suitable for full-time residence or seasonal getaways. The property features a remodeled kitchen, complete with a gas stove and refrigerator. A screened porch enhances the living space, providing an area for relaxation and entertainment. The mobile home was originally designed with two bathrooms, and the master bath could be reconfigured to include a shower. Residents have access to a clubhouse located by an inground pool, which hosts events such as movie nights and gold cart poker runs. The community also provides a marina with lake access.
Key Highlights
- Inground pool with clubhouse and entertainment stage
- Marina with easy lake access
- Redone kitchen featuring newer gas stove and refrigerator
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$8,190
Cap Rate
6.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,800
$163.8K
Cap Rate 7%
$117,000
$117.0K
Cap Rate 9%
$91,000
$91.0K
Market Conditions
NOI Build-Up for 980 SF
Gross rent
$15.9K $16.20/SF
− Vacancy
−$984 −$1.00/SF
EGI
$14.9K $15.20/SF
− OpEx
−$6.7K −$6.84/SF
NOI
$8.2K $8.36/SF
Area
Ottawa County, OH
Vacancy
6.20%
Lease Rate
$16.20 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$163,800
Cap Rate 7%
$117,000
Cap Rate 9%
$91,000
Alternative Uses
Best Use
Apartment 5plus
$117.0K
$102.4K – $136.5K
NOI $8,190 @ 7.0% cap · market cap 6.16%
Second Best
—
—
no second resolved use
Theoretical Best
Retail
$349.2K
$305.6K – $407.5K
NOI $24,447 @ 7.0% cap · market cap 18.40%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
502
Businesses Nearby
Explore this area
Business Placement
Demographics for 43452, OH
13,443
Population
10,859
Households
1.2
Avg Household Size
52
Median Age
28%
College-Educated
93%
High-School Grad
46.2 sq mi
ZIP Area
291
Density / Sq Mi
$63,815
Median Household Income
$43,782
Median Earnings
$937
Median Rent
$206,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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 - Mobile home with updated kitchen and screened porch.
Where is this mobile home & rv park located?
The property is located at 265 S Meachem Port Clinton, OH.
What is the asking price?
The asking price for this property is $132,900.
What are key features of this property?
This property features: Inground pool with clubhouse and entertainment stage; Marina with easy lake access; Redone kitchen featuring newer gas stove and refrigerator
