Austin Woods MHC

Geneva

|

Ohio

180

TOTAL SITES

Manufactured Housing Community

PROPERTY TYPE

180-site all-age community with meaningful scale, below-market rents and compelling housing affordability in Northeast Ohio’s Lake Erie corridor.

180

TOTAL SITES

Manufactured Housing Community

PROPERTY TYPE

Ohio

MARKET

October 22, 2026

CALL FOR OFFERS

Investment Overview

Austin Woods MHC is a 180-site, all-age manufactured housing community located in Geneva, Ohio, within Ashtabula County and the Cleveland MSA. The community offers meaningful scale within an established residential setting along Northeast Ohio’s Lake Erie corridor, with convenient access to Interstate 90 and connectivity throughout the broader Northeast Ohio region.

The community is serviced by public water and sewer, both individually submetered to residents, while trash is billed back and electric and gas are direct billed to residents. This utility structure limits owner exposure to resident utility consumption and complements the community’s established operating profile. Austin Woods is further positioned within an affordable housing market where manufactured housing maintains a significant cost advantage relative to traditional homeownership and apartment living.

Investment Highlights

180 Sites – Meaningful scale within an established all-age manufactured housing community.
Below Market Comparables – Average lot rent of $521, approximately 6% below the $553 average among six nearby rent comparables.
Compelling Housing Affordability – Austin Woods’ $521 average lot rent is approximately 63% below the monthly cost of homeownership and 57% below two-bedroom apartment rents in Geneva.
Established Demographic Base – ~97,185 residents within 15 miles, with an average household income of $81,965 and 27.6% of households earning $100,000+ annually.