First-Time on the market, this beautiful 4.40 acre mobile home park is for sale. Rare find, the property houses 47 lots, with 37 currently occupied and being rented. Property has paved roadways throughout the park and has excess land for expansion. This park is situated along Crystal Lake, less than 8 miles from Lake Michigan and has easy access from M-115 and US-31. Property has total gross revenue of $139,321.00 annually. As is financed: 14.18 ROI. Lot Rent to increase to $325 in 2020!
- Property Type
Multi-Family
- Total Acres
4.4
- Number of Buildings
37
- Zoning
RESIDENTIAL
- Property ID
2115786
