More Information
Bidding starts at $300,000. 13 Unit Mobile Home Park on 7.3 Acres in Preble Co. All 13 units are owned by the park. The park is licensed for 20 units. 2 total parcels. Wooded area for trails or possible expansion. A 24x68 trailer could be converted to a 3 unit adding approx. $1,500 extra per month. There are 2 fixed houses on the property that are not mobile homes. There is space to add another 6 trailers. Gross income per month is $7,165 and typically nets around $5,000 per month. See document section for a list of income and expenses.
4 have new furnace
6 have new water heaters
Lot Size: 7.306 Acres
Annual Taxes: $ 1,292
Property Map
LEAD AUCTIONEER
Barry Baker
DIRECTIONS: Just East of the town of West Alex across from the Sugar Hill German Baptist Cemetary.
Basic Terms:
Sells with an opening bid of $300,000. 10% down payment is due by wire, bank transfer, or direct deposit into our JPmorgan Chase trust account or by credit card payment with a 4% surcharge. This amount will become your nonrefundable deposit. Contract signature and deposit must be made by 5 PM the day of Auction. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes.
Closing will take place with Ohio Title Corp. Tracy Furyes, tfuryes@ohiotitlecorp.com 440-772-0942
Bid increments are $100 up to a bid amount of $100,000 and become $1,000 after $100,000.
When you place a bid, you can either place the minimum required bid or you may place a "Maximum Bid". If you place a maximum bid and hit the submit button, a box will pop up explaining the process and the software will bid for you in the increments stated above. If someone bids within the final 5 minutes of the Auction, the ending of the Auction will be extended by 5 minutes until all bids have been placed.
Deposit and Closing:
Ohio Real Estate Title, Inc. Veronica Brown, (937) 322-7333 Phone Email: vbrown@oret.com
Realtor Participation:
.