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11324 East Rd
Burt, MI 48417
Parkwood Village MHC · Multifamily Property For Sale
·
11 SF
PROPERTY FACTS
| Property Type | Multifamily | Average Occupancy | 26% |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Building Class | B | Year Built | 1980 |
| Lot Size | 42.47 AC | Parking Ratio | 10/1,000 SF |
| Building Size | 11 SF | ||
| Zoning | CM | ||
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | B |
| Lot Size | 42.47 AC |
| Building Size | 11 SF |
| Average Occupancy | 26% |
| No. Stories | 1 |
| Year Built | 1980 |
| Parking Ratio | 10/1,000 SF |
| Zoning | CM |
ABOUT 11324 EAST RD , BURT, MI 48417
Opportunity to acquire a 98-site all age community just south of Saginaw, MI at an extremely attractive basis well below replacement cost. • Tremendous value-add potential to continue filling sites as the property is only 24.5% occupied with three park-owned homes. • Motivated Seller so bring all offers. Pricing is on a per-site basis offered well below replacement cost at only $5k per lot. • Within a five-mile radius of the community the median household income is greater than $50,000 and projected to rise to over $56,000 by 2022. Median home values are currently at $120,181 and projected to rise to $158,245 by 2022. • Healthcare jobs continue to rise in the region and the area is home to nearly 600 health care providers including major hospitals such as Covenant HealthCare, St. Mary’s of Michigan, and Aleda E. Lutz VA Hospital.
PROPERTY TAXES
| Parcel Number | 04104231002000 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $561,700 |
PROPERTY TAXES
