Contact Information

Mobile Home Park Details

  • Price: Call for Price
  • Property ID: 1169026
  • Posted On: Dec 20, 2019
  • Updated On: Dec 20, 2019

Property Description

Capstone Manufactured Housing is pleased to present River Springs Estates. Located in Berrien Springs, Michigan, this manufactured housing community features 202 sites across 100+ acres. This investment presents the opportunity to dramatically increase Gross Potential Lot Rent due to the ability to add numerous sites to the 65± acres of vacant land, as well as the ability to increase occupancy with an effective marketing campaign. This top-tier manufactured housing community offers buyers the unique opportunity to acquire a strategically positioned property with substantial value-add.

Download Offering Materials: http://capstoneapts.listinglab.com/RiverSpringsEstates/

Amenities

  • Club House
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Park Information

Community Type: All Age
Number of MH Lots: 202
Total Occupancy: 66.0 %
Year Built: 1968
Average MH Lot Rent: $395
Size: 105 acre(s)

Utility Information

Water Paid By: Park

Park-Owned Homes

Number of Park-owned Homes: 95
Average Rent for Park-owned Homes: $280

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