Marcus & Millichap is pleased to present a 132 site mobile home community located in North Branch, Michigan known as North Branch Meadows. North Branch Meadows is on public water and sewer and the utilities are directly billed to the tenants by the municipality. The community has spacious sites to accommodate large and luxurious multi-sectional homes and tenants enjoy the picnic area, basketball court and location to major highways and shopping centers.
North Branch Meadows is currently 43 percent occupied as the owner bought this from a developer. There are 66 vacant lots and 10 vacant homes. North Branch Meadows is being offered for $1,350,000 and the seller is willing to finance the deal for two years at 5 percent interest only payments with only 20 percent down. The home inventory is also being offered for sale and it will be directly negotiated with the seller. The chattel includes three rentals, 13 contract homes and 10 homes that are for sale (sellers cost is $524,082).

North Branch is located due north of Detroit and approximately one hour from the northern suburbs.