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Mobile Home Park

Pebble Creek Mobile Home Park

1150 Roger Ct, Reese, MI 48757

Listing Price: $1,857,268

Cap Rate
0.85%
Number of Spaces
101
Lot Size
64.79 acres
Occupancy
20.2%
Price/Space
$18,389
Spaces/Acre
1.56
Year Built
1970

Investment Overview

Pebble Creek Mobile Home Park is a 101-space manufactured housing investment located at 1150 Roger Court in Reese, Michigan.

The property spans 64.79 acres and is comprised of 21 tenant-owned lots, 78 vacant lots, and two vacant park-owned homes (ready to rent). The property is currently serviced by a well and a lagoon. The property currently shares management with Shady Rest Mobile Home Court, which is located 23 miles away.

Investment Highlights

  • 101 Total Spaces and 64.79 Acres
  • 21 Tenant-Owned Lots, 78 Vacant Lots, and Two Vacant Park-Owned Homes (Ready to Rent)
  • Serviced by a Well and a Lagoon
  • Shares Management with Shady Rest Mobile Home Court and 23 Miles Away from Shady Rest Mobile Home Court
  • Located in East Central Michigan
  • Easy Access to Route 81 and Route 138
  • Close Proximity Retail Options including Dollar General
  • Nearby Dining Options include Applebee's, Chili's and Olive Garden

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s) MI: 6502387903

    Michigan

Mobile Home Park

Pebble Creek Mobile Home Park

Listing Price: $1,857,268

Cap Rate
0.85%
Number of Spaces
101
Lot Size
64.79 acres
Occupancy
20.2%
Price/Space
$18,389
Spaces/Acre
1.56
Year Built
1970

Investment Highlights

  • 101 Total Spaces and 64.79 Acres
  • 21 Tenant-Owned Lots, 78 Vacant Lots, and Two Vacant Park-Owned Homes (Ready to Rent)
  • Serviced by a Well and a Lagoon
  • Shares Management with Shady Rest Mobile Home Court and 23 Miles Away from Shady Rest Mobile Home Court
  • Located in East Central Michigan
  • Easy Access to Route 81 and Route 138
  • Close Proximity Retail Options including Dollar General
  • Nearby Dining Options include Applebee's, Chili's and Olive Garden

Investment Overview

Pebble Creek Mobile Home Park is a 101-space manufactured housing investment located at 1150 Roger Court in Reese, Michigan. The property spans 64.79 acres and is comprised of 21 tenant-owned lots, 78 vacant lots, and two vacant park-owned homes (ready to rent). The property is currently serviced by a well and a lagoon. The property currently shares management with Shady Rest Mobile Home Court, which is located 23 miles away.

Exclusively Listed By

Broker of Record

  • Steven Chaben

    Senior Vice President / Regional Manager

    (248) 415-2600

    License(s): MI: 6502387903

    Michigan

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