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Archived almost 6 years ago

$550,000

1.0 rooms 1 ba

2236 South Van Dyke, Marlette, AL 48453

Commercial Commercial Occupied Off MLS

Current Rent **

$7,500

Projected Rent **

N/A

Estimated Cap Rate *

Pro Only

Estimated Cash on Cash ROI *

Pro Only

Mobile Home Park for Sale in North East Michigan!

Mobile Home Park for sale in quaint Marlette, Michigan!

56 lots

40% occupied (value add!)
Hospital town/Cancer Institute
Walmart 16 miles away
Strong demand for affordable housing
Professional management in place
Private utilities (well and lagoon) in good condition

Contact Andria Strittmatter **[email protected] ** for more information

Thanks!

**Please do not visit the park without authorization

Location:

2236 South Van Dyke, Marlette, AL 48453

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* The cap rate and cash on cash return calculations found on BiggerPockets Listings are estimated and designed to be used for informational and educational purposes only, and when used alone, do not constitute investment advice. They assume 3 months worth of expenses and estimate taxes and insurance. BiggerPockets recommends that you seek the advice of a real estate professional before making any type of investment. The results presented may not reflect the actual return of your own investments. BiggerPockets is not responsible for the consequences of any decisions or actions taken in reliance upon or as a result of the information provided by these tools. Furthermore, BiggerPockets is not responsible for any human or mechanical errors or omissions.

** Current rent and projected rent are provided by the lister.

† Rental comps are pulled by looking at property characteristics (beds, baths, structure type), date the rent listing was captured, and proximity to the searched location.

‡ Confidence levels range from low to very high. Confidence is determined by the number of recent and relevant comparable properties for any given search. A very high confidence level indicates a high number of recent and similar rental listings.