It’s official Just Posted

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Yes it is now official this has just been posted by the new auctioneer’s The Chartwell Group from Cleveland.

4 Mobile Home Parks, ALL OFFERED REGARDLESS OF PRICE!, Pursuant to Trumbull County Court Of Common Pleas, Case No. 2010CV03145

Parcel 1: Vintage Village Mobile Home Park

6622 Belmont Ave., Girard, OH 44420 – Trumbull Co.
227 Pads on 46 acres. Currently 52% occupied with Gross
Annual Income of $383,423. Current NOI: $103,574
Annual RE Taxes: $27,504 Cashier’s
Check Req’d to Bid: $30,000
Suggested Opening Bid: $100,000

Parcel 2: Butler Mobile City

29549 SR 62 (Salem-Alliance Rd.) Salem, OH 44460
Columbiana Co. – 95 Pads on 16 acres. Currently 50% occupied
with Gross Annual Income of $136,887. Current NOI: $55,802
Annual RE Taxes: $5,369
Cashier’s Check Req’d to Bid: $25,000
Suggested Opening Bid: $50,000

Parcel 3: Country Squire Mobile Home Park

6 Knox School Rd., Knox, OH 44672 – Columbiana Co.
66 Pads on 12.5 acres. Currently 58% occupied with Gross
Annual Income of $114,447. Current NOI: $26,342
Annual RE Taxes: $4,217
Cashier’s Check Req’d to Bid: $15,000
Suggested Opening Bid: $20,000

Parcel 4: State Line Mobile Home Park

6633 McCartney Rd., Lowellville, OH 44436 – Mahoning Co.
88 Pads on 11.5 acres. Currently 32% occupied with Gross
Annual Income of $80,510. Current NOI: $18,316
Annual RE Taxes: $15,045
Cashier’s Check Req’d to Bid: $13,000
Suggested Opening Bid: $20,000

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