Eagle Oaks

Zanesville 6-Park Portfolio

3000 Moxadarla Dr, Zanesville, OH 43701
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Investment summary

Total Lots443

Vacant Lots77

Tenant Owned Homes274

Occupied Park Owned Homes22

Rent-To-Own Homes51

Vacant POHs16

Vacant Other Units3

Average Lot Rent$448

Offering Memorandum & Deal Room

Executive summary

Zanesville 6-Park Portfolio consists of 443 total lots across 6 communities: Greenlawn Estates, Colonial Hills, Colonial Village, Colonial Place, Colonial Valley, and Eagle Oaks – all of which are within one hour of the Columbus metro area. The portfolio is majority tenant owned (62%), with a current average lot rent of $448. All communities are on city utilities, and all utilities are either direct bill or billed back via submetering or a flat fee. There is significant upside in this investment through fill vacant homes and lots.

The portfolio is situated an hour from the state capital of Columbus, meaning residents have access to various entertainment options, higher education institutions, and job opportunities with major employers. The communities are less than an hour from a $20 billion Intel semi-conductor factory being constructed in New Albany, which will create thousands of high-paying jobs in the greater Columbus area.

BWE Investment Sales, LLC | REC. 2023004124

Photo gallery

Greenlawn Estates
Greenlawn Estates
Colonial Hills
Colonial Hills
Colonial Village
Colonial Village
Colonial Place
Colonial Place
Colonial Valley
Colonial Valley
Eagle Oaks
Eagle Oaks
Eagle Oaks

Investment highlights

Convenient location

The communities that make up the Zanesville 6-Park Portfolio are all situated about an hour from Downtown Columbus. This provides various entertainment options, higher education institutions, and job opportunities with major employers. Intel is building a $20 billion semi-conductor factory in the Columbus suburb, New Albany, which will create many jobs for residents in surrounding areas.

Infill Upside

There is an upside opportunity for investors through filling the 77 vacant lots and 16 vacant POHs. Currently, POHs are renting for approximately $1,300 per month.

Majority Tenant Owned

In this community, there are 274 tenant owned homes, which make up 62% of the occupied lots.

Utilities

All communities are serviced by city utilities. All utilities are either direct bill or billed back via submetering or a flat fee.

Utility Billing Structure

  • Water: City (Billed Back/Direct Bill)
  • Sewer: City (Billed Back/Direct Bill)
  • Trash: Curbside (Included in Rent)
  • Electric: Public (Direct Bill)
  • Gas: Public (Direct Bill)

Exclusively listed by

Parker Kelly

VP, Manufactured Housing, Investment Sales

Tanner Westerheid

VP, Manufactured Housing, Investment Sales

Matt Skinner

VP, Manufactured Housing, Investment Sales

Nick Ferando

VP, Manufactured Housing, Investment Sales