Contact Information

Mobile Home Park Details

  • Price: $395,000
  • Purchase Method: Cash, New Loan
  • Property ID: 1273190
  • Posted On: Jun 17, 2020
  • Updated On: Sep 11, 2020

Property Description

28 Site MHP in Michigan.

Mostly Owner Occupied!

2 Stick Built Homes included !

Roads being fixed.

In-fill Opportunity!

Some Large Double Lots.

Large Concrete Slab perfect to fit Laundry Room.

Extra Income Potential.

Lot Rent not Increased in Years!

HAVE A PARK TO SELL ?

Frank - BIRCH REALTY 727-592-2418

Location

Lambertville , Michigan

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Number of MH Lots: 28
Total Occupancy: 50.0 %
Year Built: 1959
Average MH Lot Rent: $350
Size: 2 acre(s)

Financial Information (Actual)

Gross Income $61,800
Operating Expense $10,531
Net Operating Income $51,269
Expense Ratio 17.0 %
Debt Info

Other Listings by Frank Principe See More

Similar Mobile Home Parks for Sale