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Auction Information

34-Pad Trailer Park 11.5 Acres

Tue Jul 19 - 10:00AM

636 North Vance St, Carey, OH Click to Map

KIKO Auctioneers, Real Estate Broker KIKO

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Auctioneer ID#: 1625

Phone: (330) 455-9357

License: Russ Kiko Associates Ohio Auction License # 6319-770-4719

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5 Mobile Home Parks At Auction
Income Opportunity
Auction #1
34-Pad Trailer Park – 11.5 Acres – 3,200 SF
Outbuilding – 1 Brick Apt/Flex-Space Building
1 Brick Storage Building W/ Mailroom
Commercial Property – Attention Investors
Wyandot Co. – Carey Schools
On-Site & Online Bidding Available

Absolute auction, all sells to the highest bidder. Location:
636 North Vance St., Carey, OH 43316
From SR 23/SR 15 go north on 23 towards town, property is located just outside of town.

Tuesday - July 19, 2022 - 10:00 AM

PROPERTY FEATURES: Commercial property. Licensed 34-pad mobile home park. Currently 30 trailers, 19 are park owned and 11 are tenant owned, 19 active leases. 6 vacant trailers in need of repair for additional income. All trailers and pads have separate utilities including public sewer, water, gas, electric, and trash, all paid by the tenants. Additional vacant land and unit. 7.5 acres of shovel-ready vacant land with opportunity to place an additional 40 trailer pads. Water and sewer at the back road adjacent to the vacant land parcel. The brick apartment building has (2) 2-bedroom apartments and (1) efficiency apartment. The property owner pays all utilities for the apartments and flex-space building. The matching brick unit is a future income generator with a 4-bay garage or additional apartments and mailroom; this unit needs a roof. Property owner pays all utilities for the brick units. This park is centrally located in Carey, OH which is loaded with charm and has a small-town America feel that is close to many amenities.
Current monthly income is $8,525 or $102,300 a year with potential for much more. Wyandot Co. parcel #102641000, #10263100, #09264000, and #09263000. Approx. 11.5 total acres. Call with questions on how to purchase this moneymaker. Open for preview at 9:00 AM auction day.

1. 636 North Vance St., Carey, OH – Tues., July 19 at 10:00 AM – 34 Pads
2. 1041 Bellafontaine Ave., Marion, OH - Tues., July 19 at 1:00 PM – 10 Pads
3. 101 Reindl Dr., Crestline, OH – Tues., July 19 at 4:00 PM – 25 Pads
4. 127 Shadylane Cir. NE, Warren, OH – Wed., July 20 at 12:00 PM – 51 Pads
5. 1040 Cadiz Rd., Wintersville, OH – Wed., July 20 at 4:00 PM – 29 Pads

Terms On Real Estate: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Property to be sold as an Entirety and not to be offered in separate parcels. Security deposits do not transfer. No rent prorations.

Auction By Order Of: Marion MHP LLC

Auctioneer/Realtor: Bob Young, 330-329-3885 or [email protected]

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