32 Unit Seasonal Mobile Home Park W/Large WO Ranch on Duck Lake

Special Purpose for Sale
Also listed as Business Opportunity
Catylist Listing ID: 29716651
Property Subtypes: Sports/Entertainment
Building Size (RSF): 566,280 SF
Gross Building Area: See Agent
Gross Land Area: 13 Acres
Sale Price: $484,600
Property Use Type: Business
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/15/2017

Overview / Comments

32 Unit Seasonal Mobile Home Park with a large walkout ranch home (sold separately) on Duck Lake, Cheshire Twp, Allegan County. Each unit has own dock on lake, boat storage, zero vacancy, room for additional units and creating a year round park for double the income. Rents have not been raised in years and need to be adjusted accordingly. This is a all sport lake with approx 474 feet of frontage. Expansion is extremely feasible which would make this even more profitable venture.

Additional Details

Nearest MSA: Kalamazoo-Portage
County: Van Buren
Tax ID/APN: 03-270-003-00
Zoning: COMMERCIAL & RESIDENTIAL
Market Type: Rural
Property Located Between: Hillside Dr & M-40
Side of Street: North
Road Type: Paved, Gravel
Property Visibility: Good
Largest Nearby Street: US 40
Feet of Frontage: 474
Site Description: 32 Unit Seasonal Mobile Home Park with a large walkout ranch home (sold separately) on Duck Lake, Cheshire Twp, Allegan County. Each unit has own dock on lake, boat storage, zero vacancy, room for additional units and creating a year round park for double the income. Rents have not been raised in years and need to be adjusted accordingly. This is a all sport lake with approx 474 feet of frontage. Expansion is extremely feasible which would make this even more profitable venture.
Construction/Siding: Other
Parking Type: Surface
Lot Frontage: 350
Water Service: Well
Sewer Type: Septic
Legal Description: lots 3-7 duck lake sub also lots 29-31 duck lake sub #1 also com at s 1/4 cor th e 383.56' to pob th n 761.98' to s lin of duck lake sub no 1 th sely alg sd s lin of sub to se cor lot 29 of duck lake sub no 1 th ne to ne cor sd lot 29 th se'ly also s lin of richardson dr to a pt s of se cor lot 1 duck lake sub th s to s sec lin th w 284.07' th n 266.54' th w 347.44' th s 276.22' th w 67.03' to pob sec 36 t1n r14w (2011).

Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 2,228 11,295
Median Age: 42.8 42.7
Households: 852 4,383

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