**100% Seller Finance OH MHP** Available

  • $430,000

SUBMIT OFFER

Available Upon Request:
Calculation
Video Drive Through
Rent Roll

Closing will be held at Transfer Title in Medina, Ohio.

Mobile Home Park Details:

44 – Total Number of Lots
18 – Occupied Lots
$325 – Lot Rent
All Tenant Owned Homes
City Water / City Sewer / Park Pays Trash
3 Bed 1.5 Bath Included in Sale being rented out for an additional $950/mo

Finance Details:

JV Opportunity or 30k Assignment Fee

Price – $400,000
Down – 20% / $80,000
Interest Rate – 6%
Amortization – 25 years
Monthly Debt Service – $2,062

Market Details:

Lodi is about 40 minutes SW from Cleveland. The closest city is Medina, OH. Medina and Lodi both have an average house price of 175k with an expected 1 year growth of 7%. The population is holding steady and growing. Good area. May have to bring renters in from Medina as Lodi is small. 20 minute drive.

City Population: 2923
County Population: 179,746 (2019)
Unemployment Rate: 4.4%
Median Income: 35k
Cost of Living: Average with the State of Ohio
Recent and Future Job Growth is Positive
Violent Crime: Below US Average, Safe
Property Crime: At US Average, OK
Rainfall: US Average at 39 inches
Snowfall: under 3 feet/yr
Renters make up 34% of Lodi Market
86% of people drive their own car to work

Source: BestPlaces.net

Wholesaler Disclaimer:

$10,000 EMD and POF due with accepted contract
Cash, Private, Hard Money accepted, Buyer must close quickly
Property is sold “as-is”
DO NOT contact sellers or enter the house without permission
Agents – Buyer is responsible for agent commission
Please perform your own due diligence as scope of work may vary
Buyer is responsible for all closing costs, title insurance, & transfer fees

Do NOT try to approach the seller in any way before, during, or after showing. Anyone who does will be permanently removed from our buyers list AND black-listed with all other major wholesalers in the area. Further, such contact will be viewed as intentional interference with a contract and may result in legal action being brought against you.
We are under contract with the seller of this property, and are therefore a PRINCIPAL in the transaction. We do NOT have a listing agreement with the seller and this is NOT a ‘pocket listing.’
Buyers are encouraged to perform their own due diligence regarding properties advertised by Mile High Property Solutions LLC. Information provided by Mile High Property Solutions LLC about advertised properties is taken from public records and other sources, is provided in good faith, but is not guaranteed to be accurate. After renovated value (“ARV”), estimated repair costs, and other such figures are simply estimates; as such, buyers should conduct their own analysis and diligence regarding all aspects of the property prior to purchasing.

 

No wholesalers. No owner finance. Cash and Hard Money Only.

SUBMIT OFFER

Call, text or email to get access!
720-999-9590
sales@milehighpropertysolutions.com

 

 

Price:
$430,000
Address:
XXXX Medina St
Lodi, OH 44254
Lot Size:
3.63 acres
Terms:
Assignment of Contract
Property Type:
Other
Year Built:
1952

Call 720-999-9590 for more details

Property Location