Mobile Home Park Details
- Listing ID: 12879
- Posted On: Jun 2, 2010
- Updated On: Oct 12, 2010
Description
Mobile Home Park For Sale In Three Rivers, Michigan Golden Pond Estates Reduced to $260.000.00
41 Lots on approximately12 acres in Three Rivers Michigan Large lots with paved roads and off street parking with street lights. Cluster mail boxes and over sized 2 car garage-work shop and a John deer lawn tractor. Utilities are 2 brand new wells! Treatment plant needs updating. Very economical to operate!
Park owners have lived in Florida for the past 10 years and have been managing park from there. A Hands on owner could put this park to its full potential in no time!
Current monthly lot rent at $270.00
If you want to visit the park the address is 61600 Youngman Rd. Three Rivers, Michigan 49093
Interested in purchasing this mobile home park? Get pre-qualified for a loan.
Park Information
| Number of MH Lots: | 41 |
| Total Occupancy: | 46.0 % |
| Year Built: | 1980 |
| Average MH Lot Rent: | $270 |
| Size: | 12 acre(s) |
Financial Information
| Gross Income: | $66,420 |
| Operating Expense: | $25,964 |
| Net Operating Income: | $40,456 |
| Expense Ratio: | 39.1 % |