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90-Space Mobile Home Park
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5255 State Rd, Ashtabula, OH 44004

Community combines manufactured homes, apartment units, and city utility service within an established residential income property.

Property SizeContact for details
Lot Size10.00 Acres
Days on Market143

Property Features for 5255 State Rd

General Information

Standard status Active
Lot size 10.00 Acres
Property subtype Mobile Home Park

Additional Details

Utilities to Site Yes
Multifamily Units 100
Listing Agency: JDS Real Estate Services, Inc.
Listed By: Jennifer Stein · License #1001185
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 2:51PM

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 JDS Real Estate Services, Inc.

Investment Insights

Based on property information with market context.

Crestlawn Village is a 90-space mobile home park spanning 10 acres in Ashtabula, Ohio. The community includes 80 park-owned homes and 10 tenant-owned homes, along with 10 apartment units that generate income. City utilities serve the property.

The existing mix provides a combination of manufactured-home spaces, park-owned housing, tenant-owned housing, and apartments within one property. The current configuration also supports different operating approaches, including continued rental operations or the sale of existing home inventory followed by conversion toward a tenant-owned-home community.

Key Highlights

  • 90 mobile home spaces across 10 acres
  • 80 park‑owned homes and 10 tenant‑owned homes
  • 10 apartment units generate income

Property Analytics

Current Use

Ridgeview Terrace Real Estate Agency

Suggested Use

Top Pick Parking Lot & Garage Real Estate Agency Bakery Plumbing Service Barber Shop (Bike/Boat/Book/etc) 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

100
Residential units
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

156
Businesses Nearby

Demographics for 44004, OH

31,661
Population
15,262
Households
2.1
Avg Household Size
44
Median Age
15%
College-Educated
87%
High-School Grad
74.1 sq mi
ZIP Area
427
Density / Sq Mi
$49,507
Median Household Income
$31,471
Median Earnings
$813
Median Rent
$120,300
Median Home Value

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Community combines manufactured homes, apartment units, and city utility service within an established residential income property.
Where is this mobile home & rv park located?
The property is located at 5255 State Rd Ashtabula, OH.
What are key features of this property?
This property features: 90 mobile home spaces across 10 acres; 80 park‑owned homes and 10 tenant‑owned homes; 10 apartment units generate income
(213) 446-5366 Call to check price and availability
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