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Address is Seminole Road Oscoda Township, MI 48750

Jennifer Safadi

All American Dream Real Estate LLC

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Oscoda Mobile Home Park

Multi Family Housing for Sale in Oscoda Township, Michigan

Seminole Road
Oscoda Township, MI 48750

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Sale Price: $299,000

Contact Information

Jennifer Safadi
All American Dream Real Estate LLC

Mobile Home Park for Sale

Development Land This is land for developing a mobile home park
Number of MH Lots: 60
Size: 6.5 acre(s)
Purchase Method: Seller Financing
Status: Active
Property ID: 934579
Posted on: Jun 04, 2018
Updated on: Jun 09, 2018
Price: $299,000

Property Description

Vacant MHP with 60 lots ready to open

The park is closed but license is current.

We cannot manage the park we have other MHP and RV out of state.
Septic good

City Water needs new Meter

Over 6 acres for 60 single wides plus an small building that needs to be revamped for on site laundry.

Calls every day to rent lots.
We other another park in Georgia. To far to run.
Would be willing to do land Contract for $25,000.00 down. Rest can be owner financing.
Yes we are not asking a lot, to give flexible options to new owner.
Please do not call unless you are a serious buyer and are familiar with running this type of business.
Taxes are apx $2200 per year.
See attachments for photos
2 blocks from public access Lake Huron Beautiful Beach!
No emails please, Please see attachments. If you are serious please drive by before calling. 6449 Seminole Osocda Mi
Call for details 904 657 1800 Jennifer

Park Information

Number of MH Lots:60
Total Occupancy:0.0%
Size:6.5 acre(s)

Financial Information (Pro Forma)

Gross Income$325,000
Operating Expense$25,000
Net Operating Income$300,000
Expense Ratio 7.7%
Debt Info0

Lot Information

Singlewide Lots:60

Utility Information

Water:City
Water Paid By: Park
Sewer:Septic

Park-Owned Homes

Number of Park-owned Homes:3
Average Rent for Park-owned Homes: $450

Amenities and Other

Laundromat: Yes