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Mario Bilotas

mario@fourdaughtersrealestate.com +1(847) 910-5022

$ 269,000

Est. payment -/mo

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Price Dropped by $130K

1015 N Main ST Marion, OH 43302

1.75 Acres Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Multi Family 5+

Listing Status Active

Purchase Type For Sale

MLS Listing ID 12645362

Year Built 1950

Annual Tax Amount $5,841

Tax Year 2025

Lot Size 1.750 Acres

Lot Dimensions 286 x 278 x 288 x 301

Property Sub-Type Multi Family 5+

Property Description

Buckeye Trailer Park in Marion, Ohio is a 1.75-acre, zoned mobile home park built in 1950 and, per county records, renovated in 2007. The property is not in a flood zone. The current owner-who has held the asset for almost four years-operates without an on-site manager, though a maintenance person is in place and is believed to be a good managerial candidate. The community contains 32 pads the owner estimates at approximately 60' x 20'. There are currently three occupied pads plus a nice single-family residence on site. Some vacant trailers are present, but no trailers need to be removed, none are believed to be held for back taxes, and there are no tenant-owned homes. Five park-owned single-wide homes are included (no double-wides), with titles in hand; average rent for the park-owned homes is $650 per month, and the last rent increase was in 2023. The average area pad rent is believed to be about $400 per month. All vacant pads are able to accept trailers. The park is served by city water and city sewer; the park pays for water for the entire community and does not back-bill tenants. Tenants are billed directly by the utility providers for electricity and gas. Electrical pedestals are 100-amp, and the underground pipes are believed to be clay. The park pays for garbage service. Internal roads are gravel and described by ownership as in "OK" condition; the park is responsible for road maintenance. Tenants mow their own spaces while the park maintains common areas, and snow is moved as necessary. The park offers off-street parking. Operationally, all tenants are current on rent. The park uses month-to-month leases, and tenants pay via Cash App and Zelle. In addition to the homesites, there is a single family residence on the property. This offering is for the park in its current as-is condition. Available financials and other due-diligence materials are limited, so buyers should plan to rely on their own inspections and analysis. Given the documentation constraints and current occupancy, we are prioritizing clean, non-contingent all-cash proposals with proof of funds. Jonathan Fisher is a licensed broker in the State of Ohio under MR. LANDMAN, LLC. LIC#BRKP.2025001469.

Location

State OH

County Other

Area Out Of Area South

Zoning COMMR

Interior

Fireplace N

Building

Dwelling Type Multi Family 5+

Listed by Jon Fisher of MR. LANDMAN

Nearby School & Business

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MY BLOGS

Vacant Land Scams are REAL

About 6 months ago, I received an email from (let’s call him) Charlie. A “nothing out of the ordinary” email from a common (and mildly validating) charlie…..@hotmail stating: “I have owned the lot for many years, but a couple of years ago I moved from Illinois to California, and I would like to sell

THE FRONT PORCH SWING

Oh, the memories. I remember my girls spending countless hours swinging front to back and side to side, hanging out with the neighborhood kids, splashing with the water hose, or crafting top-secret plans with their imaginations. It was awesome. How times have changed. With my two youngest girls slow

less is more, unless, it’s for less.

I hated looking for matching socks. Every day, my job required me to remove shoes at nearly every doorstep, and matching my socks was a daily frustration. Each day, I’d get my MLS home showing sheets ready, the electronic key card that opens lock-boxes, get dressed with minutes turning into seconds

Contact Us

Phone

+1(847) 910-5022

mario@fourdaughtersrealestate.com

Address

205 W. Miner Street, Arlington Heights, IL 60005, USA