Historical Multifamily Sale Listing - Oak Forrest/Andrews Estates

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Oak Forrest/Andrews Estates

20 Powell St, Battle Creek, MI 49014

N/A

174 Spaces | Multifamily

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Battle Creek - Kalamazoo

Multifamily Property - Off Market

Price:
N/A
No. Spaces:
174
Property Type:
Multifamily
Property Sub-type:
Mobile Home/ RV Community
Property Use Type:
Investment
Cap Rate:
9.67%
Year Built:
1960
Lot Size:
37.74 AC
Listing ID
14837882
Last Updated
over 1 year ago

Highlights

  • Stabilized cash flow with upside
  • 85% Occupancy
  • City Utilities In Battle Creek
  • Private Utilities in Galesburg

Description

Two mobile home communities in Battle Creek-Kalamazoo area of Michigan, 20 minutes apart near I-94. Battle Creek has 98 mobile home sites plus 6 apartments while Galesburg has 59 sites plus 12 RV sites and single family home. Battle Creek has city sewer and water. Galesburg has private utilities. combines occupancy is 85%. Stabalized cash flow with upside in rents.

Battle Creek Kalamazoo area of Michigan (MSA Pop. 461,943). The area' s top employers include: Pzifer, Western Michigan University, National City Bank, Meijer, Inc., Denso Manufacturing Michigan, Kraft Foods, Inc, The Federal Center, I I Stanley Company, Inc.

Map of 20 Powell St, Battle Creek, MI 49014 (Calhoun County)

Research for 20 Powell St, Battle Creek, MI 49014 (Calhoun County)

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