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500 W Ervin Rd
Van Wert, OH 45891
Olympia Park · Multifamily Property For Sale · 261,360 SF
![500 W Ervin Rd, Van Wert, OH for sale - Aerial - Image 1 of 1](https://images1.loopnet.com/i2/OBM9zm3TZenmlcNW6jaZphkHB-ftfNA-Yj0SzjvSP24/110/500-W-Ervin-Rd-Van-Wert-OH-Aerial-1-Large.jpg)
PROPERTY FACTS
No. Units | 57 | Building Size | 261,360 SF |
Property Type | Multifamily | Average Occupancy | 100% |
Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
Building Class | C | Year Built | 1980 |
Lot Size | 6.00 AC | Parking Ratio | 0.44/1,000 SF |
No. Units | 57 |
Property Type | Multifamily |
Property Subtype | Manufactured Housing/Mobile Home |
Building Class | C |
Lot Size | 6.00 AC |
Building Size | 261,360 SF |
Average Occupancy | 100% |
No. Stories | 1 |
Year Built | 1980 |
Parking Ratio | 0.44/1,000 SF |
ABOUT 500 W ERVIN RD , VAN WERT, OH 45891
Olympic Park is a 55 lot all age community in the city center of Van Wert, Ohio situated on approximately 6 acres. The park is 100% occupied and stabilized with unit breakdowns as follows: 32 Tenant Owned Homes 15 Rent To Own (appx 4 years left on each) 7 Park Owned Homes 1 Empty Lot The park grosses an average of about 22,000/month and is professionally managed by a local office. All utilities are direct bill except water. Park pays for water at appx $2400/month. Tenants are all long term with a turnover of only 2 tenants a year on average. Most recent rent roll attached. For more info Contact Roman Lytvyn at uslegalcoordinator@gmail.com or by phone +1 786-321-3777 Price $2 150 000
PROPERTY TAXES
Parcel Number | 12-027496.0000 | Improvements Assessment | $7,740 |
Land Assessment | $11,320 | Total Assessment | $19,060 |
PROPERTY TAXES
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Listing ID: 33750222
Date on Market: 11/4/2024
Last Updated:
Address: 500 W Ervin Rd, Van Wert, OH 45891
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