2650 Stoney Lake Boulevard new Save Request In-Person Tour Request Virtual Tour
Sidney Twp,MI 48888
Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID 65025023393
Year Built 1975
Annual Tax Amount $3,577
Lot Size 4.620 Acres
Property Description
Turn-key 14-unit mobile home park for sale in Stanton -- all units are resident-owned, offering low maintenance and steady cash flow. Professionally managed at just 5%.The current owner has spent the last 18 months revitalizing the park, including adding 4 new units, regrading and updating the gravel road, and upgrading electrical, plumbing, and natural gas systems.Highlights include: Nearly $60,000 in annual revenue, $350/month lot rent with room for value-add, month-to-month residents, private, wooded setting with walking trails and Stoney Lake access, and a 5-acre parcel with potential to add up to 15 more padsA great opportunity to acquire a stabilized, low-maintenance asset with strong upside.
Location
State MI
County Montcalm
Area Sidney Twp
Zoning Other
Interior
Heating Forced Air
Exterior
Garage Spaces 28.0
Building
Foundation Slab
Sewer Septic Tank (Existing)
Water Well (Existing)
Structure Type Vinyl
Schools
School District Central Montcalm
Others
Acceptable Financing Cash,Conventional,FHA,USDA Loan (Rural Dev),VA
Listing Terms Cash,Conventional,FHA,USDA Loan (Rural Dev),VA