250 pad Mobile Home Community available at 13.5% Cap Rate (based on actuals) in Genesee County, MI.

All age community with playground, separate management office, large lots and wide asphalt streets.

Onsite management and maintenance team in place to handle all the day to day operations (sales, resident relations, emergency and on call service, ongoing maintenance, home rehab, lawn mowing, snow plowing, rent collection, vendor management and deposits). Public utilities with sub metering infrastructure in place for water/sewer and electric services.

Additional value add opportunity to increase net income by selling or leasing park owned home inventory that is included in the asking price.

Seller financing is an option for qualified buyers. Confidential sale.