Sherwood Forest MHP - for Sale in Kalamazoo Township, Michigan

Olmstead Rd
Kalamazoo Township, MI 49048
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Mike Nissley
CB Richard Ellis

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Mobile Home Park for Sale (Distressed) This property is in default, REO or in foreclosure.
Number of MH Lots:	50
Size:	6.5 acre(s)
Status:	Active
Property ID:	105787
Posted on:	Sep 20, 2011
Updated on:	Nov 07, 2011
Price:	Submit Offer

Property Description

Sherwood Forest is a 50 site Mobile Home Park located on the eastside of Kalamazoo, Michigan near I-94 Business Loop. The property consists of all single wide mobile home sites in a wooded setting on two adjoining irregularly shaped parcels. The property totals approximately 6.5 acres. All utilities are available at the site including gas, electric (direct billed), municipal water and sanitary sewer. Sherwood Forest has a long history of high occupancy. The park offers the tenants a nice, quiet neighborhood for young families and elderly alike. There is curbside trash pickup for tenant convenience. Residents enjoy the serenity of a small creek which runs through the property as well the on-site playground for children. This is an opportunity for an investor to purchase stable income with the potential of increasing returns through rent increases and additional home sales.