4071 Lake RdConneaut, OH 44030

This exceptional 7.6-acre waterfront property in Conneaut, Ohio presents a unique investment opportunity. Currently operating as a thriving mobile home park, the property boasts 30 lots, with 22 currently rented. Eleven lots house park-owned homes (POH) renting at $500 per month, and eleven lots house tenant-owned homes (TOH) renting at $300 per month. All lot rents are paid on a month-to-month basis. The park conveniently handles water and sewer services for all lots, and these utilities, along with electricity, are available at each of the 30 sites. The property's prime waterfront location offers breathtaking views and easy access to the lake, making it ideal for a variety of development projects. The existing infrastructure provides a solid foundation for expansion or redevelopment into a luxurious residential community, such as a subdivision or townhome development. This property is perfectly positioned for investors or developers seeking a high-return project with significant upside potential. The existing mobile home park provides immediate cash flow while offering the flexibility to transition into a higher-value residential development. This rare opportunity combines immediate income with long-term growth potential, making it an exceptional investment in a desirable location. The asking price is $1,975,000.