Rare investment opportunity in Farmington Hills - presenting a 21-unit mobile home park situated in a highly desirable, well-connected area. This property offers consistent cash flow, strong occupancy, and the kind of long-term stability investors are looking for.Zoned and operating as a mobile home community, this park features well-kept grounds,… Read More utility hookups, and easy access to shopping, dining, and major highways - making it attractive to both tenants and investors alike.With demand for affordable housing on the rise, this is your chance to own a turn-key investment in one of Metro Detroit's most sought-after suburbs. Don't miss out on this high-potential asset with room to grow. Read Less
Provided through IDX through Realcomp II Ltd. Courtesy of Keller Williams Lakeside.
Listing Snapshot
Days Online
1
Last Updated
Property Type
Commercial
Square Ft.
100
Lot Size
1.12 Acres
Year Built
9999
MLS Number
20261041155
30 Days Snapshot Of 48336
$330k
+46%
(avg) sold price
37
-2%
homes sold
58
+16%
(avg) days on market
Snapshot
Area Map
Additional Details
Property Access
Paved
Building
Built in 9999, 100 total square feet, 480 main square feet, 50 office square feet, 22 total units, 21 one-bedroom units, Brick
Foundation
Slab
Water Features
Public (Municipal)
Heating
Natural Gas
Lot
Lot size area: 1.12, Lot size dimensions: 166X42X240X168X230
Miscellaneous
Gross scheduled income: $59,400, Monthly sales: $4,956, Net operating income: $41,601, Operating expense: $16,695, Residential, Apartments, Business And Real Estate
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