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500 W Ervin Rd
Van Wert, OH 45891

Olympia Park · Multifamily Property For Sale · 261,360 SF

PROPERTY FACTS

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

PROPERTY TAXES

Parcel Number
12-027496.0000
Land Assessment
$11,320
Improvements Assessment
$7,740
Total Assessment
$19,060
  • Listing ID: 33750222

  • Date on Market: 11/4/2024

  • Last Updated:

  • Address: 500 W Ervin Rd, Van Wert, OH 45891

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