MHP Loans in Ohio
Mobile home park loans in Ohio
Bridge financing for MHC acquisitions across Ohio.
Market Snapshot
Ohio MHP market
Key market indicators for manufactured housing communities in Ohio.
Market Overview
Manufactured housing in Ohio
Ohio has one of the largest MHP inventories in the Midwest with over 1,500 communities. Three major metros — Columbus, Cincinnati, and Cleveland — provide diverse employment bases. Columbus has been one of the fastest-growing metros in the Midwest, driven by technology, healthcare, and logistics (Intel's $20B chip fabrication plant in Licking County).
Ohio offers a strong balance of deal flow volume, reasonable cap rates, and stable demand fundamentals across both urban and rural markets.
Why Ohio
Why finance an MHP in Ohio
What makes Ohio a compelling market for manufactured housing community investment.
Columbus growth story
Columbus is one of the fastest-growing Midwest metros, with Intel's $20B+ chip fabrication investment driving population and employment growth in central Ohio.
Deep inventory
Over 1,500 communities means consistent deal flow and acquisition opportunities across the state.
Use Cases
What we finance
From straightforward park acquisitions to complex value-add repositioning with infill programs and infrastructure overhauls.
Park Acquisitions
Acquire manufactured housing communities that conventional lenders will not finance due to below-market operations, deferred maintenance, or park-owned home portfolios. We underwrite to the business plan, not just trailing income.
Value-Add Repositioning
Finance the acquisition and improvement of underperforming parks. Bridge capital covers the purchase while improvement holdbacks fund infrastructure upgrades, lot rent adjustments, and operational improvements.
Infrastructure Upgrades
Fund water and sewer system repairs, electrical upgrades, road improvements, and common area renovations. Draws released as work is completed and verified.
Lot Infill Programs
Finance the placement of new or used manufactured homes on vacant lots to increase occupancy and revenue. A vacant lot generating $0/month can produce $400-$600/month in lot rent once filled.
POH to TOH Conversion
Acquire parks with park-owned homes, then convert to tenant-owned over time. Bridge financing covers the initial acquisition including POH rental income in the underwrite, giving you runway to execute the conversion strategy.
Portfolio Consolidation
Combine multiple MHP acquisitions into a single bridge facility. One closing, one set of docs, streamlined execution for operators building a manufactured housing portfolio.
Deal Economics
How the numbers work
A representative value-add MHP acquisition showing how bridge financing enables the deal and creates equity.
Acquisition
Bridge Loan Structure
Stabilized (14 Months)
Representative example for illustrative purposes only. Actual deal economics vary based on market conditions, execution, and property specifics.
Regulations
Ohio MHP regulations
Key regulatory considerations for mobile home park owners and investors in Ohio.
Ohio Manufactured Homes Law
Ohio has specific manufactured home community regulations under Ohio Revised Code Chapter 3733. The state provides tenant protections including notice requirements and dispute resolution.
Rent increase notice
Ohio requires 30 days written notice for rent increases in manufactured home communities.
FAQ
Ohio MHP lending FAQ
Yes. Columbus, Cincinnati, Cleveland, Dayton, Toledo, Akron, and statewide.
7.5% to 9.5%.
$300 to $450 per month.
Ohio has specific MH community regulations with 30-day rent increase notice.
As fast as 72 hours from signed term sheet.
See Also