Well maintained 62-unit mobile home park in a rural setting and conveniently located within driving distance from Grand Rapids metro, Muskegon metro, Grand Haven, Cedar Springs, Coopersville/Allendale, and Newaygo. Park has 62 mobile home sites and one rental home, which once served as park leasing office and could again. Quiet park with many long-term residents and wonderful opportunities for expansion or strategic improvements and renovations. Park is located on approximately 15 acres. A 5-acre adjacent parcel to the north with a creek running through (zoned residential) is also available at additional price to be negotiated. Improvements include primary and backup water wells and pressurized septic system (with 16,000 watt automatic backup generator), a fenced storage area for residents' recreational vehicles, ample parking, a basketball hoop, and an on-site storage shed for owner’s maintenance equipment. Two separate paved driveways service the park. Sale includes 25 owner-titled mobile home units. Financial information available to be provided upon execution of a confidentiality agreement, available from listing broker. Recent survey, including boundary adjustment, attached in documents section. Cap rate of 11.84% based on 2014 NOI. All information to be verified by purchaser.

Utilities: Cable/internet/internet phone available; separately metered electricity; separately metered natural gas; telephone available; private water wells and private septic system; garbage collection paid by owner and included in rent

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