Contact Information
Mobile Home Park Details
- Price: $10,500,000
- Listing ID: 6531688
- Posted On: Jul 9, 2024
- Updated On: Sep 24, 2024
Description
- Strategically Located: These manufactured housing communities boast 586 total sites in Monroe, Michigan, offering a prime location for potential investors.
- Significant Upside Potential: With a current occupancy rate of 43%, there is substantial room for growth and increased revenue by enhancing occupancy levels.
- Opportunity for Value Enhancement: The community's below-market rents present an immediate opportunity for value enhancement and increased profitability.
- Reliable Utilities Infrastructure: The properties are serviced by public water and sewer systems, ensuring dependable and efficient utilities for residents.
Amenities
- Club House
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Park Information
Community Type: | All Age |
Number of MH Lots: | 586 |
Total Occupancy: | 43.0 % |
Year Built: | 1980 |
Average MH Lot Rent: | $420 |
Size: | 60 acre(s) |
Utility Information
Water: | City |
Water Paid By: | Tenant - RUBs |
Sewer: | City |