Contact Information

Mobile Home Park Details

  • Price: $10,500,000
  • Listing ID: 6531688
  • Posted On: Jul 9, 2024
  • Updated On: Jul 16, 2024

Description

- Strategically Located: These manufactured housing communities boast 586 total sites in Monroe, Michigan, offering a prime location for potential investors.

- Significant Upside Potential: With a current occupancy rate of 43%, there is substantial room for growth and increased revenue by enhancing occupancy levels.

- Opportunity for Value Enhancement: The community's below-market rents present an immediate opportunity for value enhancement and increased profitability.

- Reliable Utilities Infrastructure: The properties are serviced by public water and sewer systems, ensuring dependable and efficient utilities for residents.

Amenities

  • Club House
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Park Information

Community Type: All Age
Number of MH Lots: 586
Total Occupancy: 43.0 %
Year Built: 1980
Average MH Lot Rent: $420
Size: 60 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - RUBs
Sewer: City

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