MI
Montcalm
Sidney Township
48888
2650 Stoney Lake Boulevard
2650 Stoney Lake Boulevard, Sidney Township, MI 48888
Share Listing
Listing Type
Multi Family
Listing Status
pending
32
$397,000

Home Details for 2650 Stoney Lake Boulevard

Price
$397,000
Type
Residential Income
Bedrooms
0
Bathrooms
Square feet
NaN
Year built
1975
Lot size acres
4.62
County
Montcalm
Garage
Days on site
124
MLS Listing#
65025023393
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.

Property Features
  • Utilities
    • Cable Connected
    • Electricity Connected
    • Natural Gas Connected
  • Heating Information
    • Forced Air
    • Natural Gas
  • Water Features
    • Private
    • Well
  • Parking
    • Gravel
Listing Courtesy: Bellabay Realty (SW) - 616-649-2900
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Median Listing Price
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Market statistics compiled from data from Michigan Regional Information Center.
EXIT REALTY GROUP
489 W Nepessing Street, Lapeer, MI 48446
Office
810 245 2600
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