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Mobile Home Park Details

Purchase Method: Cash
Listing ID: 679475
Posted On: Jun 20, 2016
Updated On: Feb 23, 2017

Description

- Opportunity to acquire a 167-site MH/RV park minutes from the coastline of the Saginaw Bay, one of Michigan' s top tourism spots.
- Property features direct access to the Tawas River, which feeds into the Tawas Bay offering tenants plenty of opportunity for recreational water activities such as kayaking, canoeing and fishing.
- Tawas River RV Park has a Good Sam designation and offers an impressive amenity package. Amenities include riverfront fire rings, a fish-cleaning station, mature shade trees, laundry facilities, shower facilities, a horseshoe pit, cable TV and free WiFi.
- Park offers full and partial hook-ups with 30 & 50-amp electric service and room for multiple slide-outs.
- Season runs from May 1st to October 15th, but the park is in operation year-round.
- The community has good cash flow and, at less than $9,000 per site, is being offered well below replacement cost.
- Community has 92 RV lots, 65 mobile home lots, two single family homes and 8 additional RV lots that have not yet been developed.

Location

- Located off the shores of Lake Huron, Tawas City offers visitors numerous water activities and attractions including kayaking, fishing, boating and kiteboarding.
- The property sits just outside of the Huron National Forest.
- Saginaw Bay remains one of the top fishing spots in the state, particularly for walleye, smallmouth bass and catfish. The bay draws fishing enthusiasts to the many surrounding marinas, campgrounds and businesses.
- The region is among the best birdwatching destinations in the Great Lakes region, with over 200 species of birds present during the peak season.
- Michigan brings in billions of dollars through tourism every year, and that number is growing. In 2013, travel spending increased by 4.1% and Pure Michigan was the most visited state tourism web site with over 8 million visitors in 2011.
- The community is conveniently located minutes from a Walmart Supercenter and numerous restaurants including Burger King, Subway, McDonald' s and KFC.
- The Red Hawk Golf Club is less than ten minutes from the community and is ranked in Golf Digest' s Top 100 Public Courses in America.

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