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Address is 31004 East Us 12 Sturgis, MI 49091

Michael Calin

MHP Global

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Sweet Lake MHC

Multi Family Housing for Sale in Sturgis, Michigan

31004 East Us 12
Sturgis, MI 49091

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Sale Price: $999,995

Contact Information

Michael Calin
MHP Global

Mobile Home Park for Sale

Number of MH Lots: 53
Size: 35 acre(s)
Cap Rate: 10.5%
Purchase Method: Cash, Seller Financing, New Loan
Status: Sale Pending
Property ID: 101643
Posted on: Jul 17, 2011
Updated on: Sep 13, 2017
Price: $999,995

Property Description

Beautiful Mobile Home Community and Campground sitting on 35+/- acres with 2600 feet of Lake frontage and 300 feet of commercial frontage. This a very clean community with room for expansion. There is a total of 53 Mobile Home sites and 47 RV sites with 1 vacancy. There is a community room that doubles as a storm shelter. There is a playground, basketball court.

Want to know what your mobile home community is worth, click on this link and give us some general information about your Community and we will give you our proffesional opinion of what your community is worth on today's market.


Location Description

Community sits on US-12

Park Information

Number of MH Lots:53
Total Occupancy:99.0%
Year Built:1950
Average MH Lot Rent: $275
Size:35.0 acre(s)

Financial Information (Actual)

Gross Income$158
Operating Expense$50
Net Operating Income$108
Expense Ratio 31.6%
Debt Info

Lot Information

Singlewide Lots:53
Doublewide Lots:0
Triplewide Lots:0
Park Model Lots:0

RV Information

Number of RV Lots:47
Average RV Lot Rent: $250

Utility Information

Water Paid By: Tenant - Submetered

Park-Owned Homes

Number of Park-owned Homes:1
Average Rent for Park-owned Homes: $300

Amenities and Other

Club House: Yes
Storage: Yes