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Auction Information

51-Pad Trailer Park Apartment Building

Wed Jul 20 - 12:00PM


127 Shadylane Cir NE, Warren, 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 #4
51-Pad Trailer Park – Apartment Building
Commercial Property – Attention Investors
Trumbull Co. – Howland Twp. & Schools
On-Site & Online Bidding Available


Absolute auction, all sells to the highest bidder. Location:
127 Shadylane Cir. NE, Warren, OH 44483
From SR 5 in Warren take Larchmont Ave. NE to Overland Ave. NE to Clermont Ave. NE.

Wednesday - July 20, 2022 - 12:00 PM

PROPERTY FEATURES: Commercial property. Licensed 51-pad mobile home park. Currently 25 trailers, 13 are park owned, 12 are tenant owned, 11 active eases. All trailers and pads have separate utilities including public sewer, water, gas, electric, and trash, all paid by the tenants. Additional apartment/flex-space building that includes (1) efficiency apartment, (1) 1-bedroom apartment, (1) unused park office space, (1) possible space for laundry facilities, and (1) large 2-3 bedroom apartment. The property owner pays all utilities for the apartment/flex-space building.
Current monthly income is $7,300 or $87,600 a year with potential for much more. Trumbull Co. parcel #28436557 and #38520201. Approx. 3 acres. Call with questions on how to purchase this investment opportunity. Open for preview at 10:30 AM auction day.

ALL UPCOMING MOBILE HOME PARK AUCTION DATES & ADDRESSES:
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: Shadylane LLC

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



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