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Mobile Home Park

Winslow Mobile Home Park

734 W Grand River Ave, Meridian charter Township, MI 48864

Listing Price: $3,450,000

Cap Rate
8.43%
Number of Spaces
62
Lot Size
14.63 acres
Occupancy
87.0%
Price/Space
$55,645
Spaces/Acre
4.24
Year Built
1980

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 62 site (Licensed for 72)Manufactured Housing Community known as Winslow MHP located in Okemos, Michigan (a strong suburb of Lansing). The community is 87 percent occupied and serviced by public water and private sewer. Winslow MHP is located off of M-43 and only 6 minutes from a Walmart, Home Depot, Meijers, Kohl's and Meridian Mall. The community is approximately 20 minutes east of Downtown Lansing.

Investment Highlights

  • Opportunity to Acquire 62 Sites (Licensed For 72)
  • Located in a Strong Suburb of Lansing, Michigan
  • 20 Minutes East of Lansing, Michigan
  • 87 Percent Occupied
  • Conveniently Located 6 Minutes From A Walmart, Meijers, Home Depot, etc.

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Financing By

Mobile Home Park

Winslow Mobile Home Park

Listing Price: $3,450,000

Cap Rate
8.43%
Number of Spaces
62
Lot Size
14.63 acres
Occupancy
87.0%
Price/Space
$55,645
Spaces/Acre
4.24
Year Built
1980

Investment Highlights

  • Opportunity to Acquire 62 Sites (Licensed For 72)
  • Located in a Strong Suburb of Lansing, Michigan
  • 20 Minutes East of Lansing, Michigan
  • 87 Percent Occupied
  • Conveniently Located 6 Minutes From A Walmart, Meijers, Home Depot, etc.

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 62 site (Licensed for 72)Manufactured Housing Community known as Winslow MHP located in Okemos, Michigan (a strong suburb of Lansing). The community is 87 percent occupied and serviced by public water and private sewer. Winslow MHP is located off of M-43 and only 6 minutes from a Walmart, Home Depot, Meijers, Kohl's and Meridian Mall. The community is approximately 20 minutes east of Downtown Lansing.

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

Financing By

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