2650 Stoney Lake Boulevard Pending Save Request In-Person Tour Request Virtual Tour
Stanton,MI 48888
Key Details
Property Type Multi-Family
Sub Type Multi-Family
Listing Status Pending
Purchase Type For Sale
Subdivision Mi
MLS Listing ID 70470049
Year Built 1975
Annual Tax Amount $3,577
Tax Year 2025
Lot Size 4.620 Acres
Acres 4.62
Lot Dimensions 760x300
Property Sub-Type Multi-Family
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.
Location
State MI
County Montcalm
Area Sidney Twp (59019)
Zoning Commercial
Interior
Heating Forced Air
Exterior
Exterior Feature Vinyl Siding
Building
Foundation Slab
Structure Type Vinyl Siding
Schools
School District Central Montcalm Public Schools
Others
Energy Description Natural Gas
Financing Cash,Conventional,FHA,Rural Development,VA