Pine Forest Mobile Home Park
Address: 7105 W Vienna Road. Clio, Michigan 48420
Lots: 51 lots that can be expanded to 75.
Utilities: Public water and electric with septic sewage

Details:
- Big Value Add Play
- Lender believes average rent is approximately $375
- Lender took back the property due to default caused by previous owner mismanagement.
- Approximately 13 units are occupied
- Mixture of park owned homes
- Lender has taken over the property and hired a property manager to maintain the property. Lender is currently cleaning up the property, violations and getting back the license.

Lender makes no representations about the property.

Price: $750,000
Financing: Owner will hold financing

For more information,
Please email MKelman@GeltFinancial.com
561-221-0900 ext 110
or
JackMiller@GeltFinancial.com
561-221-0900 ext 238