Mobile Home Park Details
- Purchase Method: Cash, New Loan
- Listing ID: 1568977
- Posted On: Dec 7, 2021
- Updated On: Mar 30, 2022
Description
Perfect Opportunity to purchase an established long time running park, averages 90% occupancy with long term tenancy. 19 of the 26 units are owner owned and the office building also has 2 apartment units as well. 10.57 acres with a 24X24X10 pole barn to store your own items and everything needed to run the park on site. Just off M-66 and convenient for commuting this is a great investment opportunity. Contact Agent for more information- do not tour park without permission 616-240-1472
Location
M-66 to Sheridan to Park
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Community Type: | All Age |
| Number of MH Lots: | 26 |
| Total Occupancy: | 90.0 % |
| Average MH Lot Rent: | $436 |
| Size: | 11 acre(s) |
Financial Information (Actual)
| Gross Income: | $121,560 |
| Operating Expense: | $12,000 |
| Expense Ratio: | 9.9 % |
Lot Information
| Singlewide Lots: | 26 |
Utility Information
| Water: | Well |
| Water Paid By: | Park |
| Sewer: | City |
Park-Owned Homes
| Number of Park-owned Homes: | 19 |
| Average Rent for Park-owned Homes: | $500 |
