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1110 E Coleman Rd
Lansing, MI 48906
Kristana Mobile Home Community · Multifamily Property For Sale · 120,800 SF

INVESTMENT HIGHLIGHTS

  • Kristana recently had over $230,000 in captial improvements
  • Opportunity to purchase two communities located in high population MSAs with low occupancy and perform a value add infill strategy to stabilize them
  • New lift-station, demolishing of 10 homes, adding new community sign and street signs and upgraded 20 new HUD approved sites
  • Public water & sewer

PROPERTY FACTS

No. Units 151
Property Type Multifamily
Property Subtype
Manufactured Housing/Mobile Home
  • Multifamily Apartments
  • Multifamily Dormitory
Apartment Style Single-Family Home
Building Class C
Lot Size 14.38 AC
Building Size 120,800 SF
Average Occupancy 11%
No. Stories 1
Year Built 1960
Zoning MHP - Mobile Home Park

AMENITIES

UNIT AMENITIES

  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
050-034-300-035-00
Land Assessment
$547,100
Improvements Assessment
$662,400
Total Assessment
$1,209,500
  • Listing ID: 27211509

  • Date on Market: 11/30/2022

  • Last Updated:

  • Address: 1110 E Coleman Rd, Lansing, MI 48906

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