Contact Information

Mobile Home Park Details

  • Price: $700,000
  • Distressed: This property is in default, REO or in foreclosure.
  • Purchase Method: Cash, Seller Financing, New Loan, Assumable Loan
  • Property ID: 982591
  • Posted On: Aug 23, 2018
  • Updated On: Dec 24, 2019

Property Description

Elms Mobile Home Park
2801 S. Dort Highway
Flint, Michigan 48507

Large past due property tax/ water lien some of which is due April 1st. Approx 450,000. Limited financial information. Must sell. Send email to receive information.

Recent foreclosure Distressed 200+ unit Mobile Home Park. Needs complete rehab. $10,000 /month rental income recently. Huge potential. Has 25 to 30 tenants.

• LICENSED FOR 325 SITES
• INCLUDES CLUBHOUSE, OFFICE BUILDING AND WORKSHOP
• INCLUDES 60+ PARK OWNED HOMES
• CITY WATER AND SEWER
• LARGE LOTS
• PLENTY OF DEMAND FOR MOBILE HOMES
• UPSIDE FOR TURNAROUND INVESTORS
• OFFICE BUILDING IN EXCELLENT CONDITION
• NEARLY 30 ACRES

Amenities

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

Park Information

Community Type: All Age
Number of MH Lots: 200
Year Built: 1960
Average MH Lot Rent: $500
Size: 30.0 acre(s)

Lot Information

Singlewide Lots: 200

Utility Information

Water: City
Water Paid By: Park
Sewer: City

Park-Owned Homes

Number of Park-owned Homes: 60
Average Rent for Park-owned Homes: $450

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