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2650 Stoney Lake Boulevard, Stanton, MI 48888
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$397,000
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Home Details for 2650 Stoney Lake Boulevard
Price
$397,000
Type
Multi Family
Year Build
1975
Lot Size
4.62
County
Montcalm
Tax
$3,577
MLS®️ Listing#
25023393
On exitrealty.com
216 days
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 pads
A great opportunity to acquire a stabilized, low-maintenance asset with strong upside.
- Utilities
- Natural Gas Available
- Electricity Available
- Cable Available
- Natural Gas Connected
- Electricity Connected
- Cable Connected
- Heating Information
- Natural Gas
- Forced Air
- Water Features
- Private
- Well
- Parking
- Driveway
- Gravel
Listing Courtesy: Bellabay Realty (SW) - 616-649-2900. Presented by: Lauren Maher
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Market statistics compiled from data from Southwest Michigan Regional Information Center.
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$397,000
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EXIT REALTY 1ST
2755 W. Michigan Ave, Jackson , MI 49202