2198 E Mount Morris Rd | Mount Morris, MI 48458
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- LoopNet Team
2198 E Mount Morris Rd
Mount Morris, MI 48458
Mount Morris Mobile Home Park · Multifamily Property For Sale
·
274,482 SF
INVESTMENT HIGHLIGHTS
- Mobile home park comprised of 115 currently occupied homes, providing a 7.77% cap rate with the potential of more than doubling in a year.
- From the property, enjoy easy access to retail and dining options along the N. Saginaw Road corridor and proximity to I-75 and I-475.
- Ideally situated in the beautiful Genesee County, located within 15 minutes of Frankenmuth city and an hour outside of Lansing and Detroit.
- Site amenities include basketball courts, a playground, curbside trash pickup, and on-site property management and maintenance.
PROPERTY FACTS
| No. Units | 391 | Lot Size | 78.00 AC |
| Property Type | Multifamily | Building Size | 274,482 SF |
| Property Subtype | Manufactured Housing/Mobile Home | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1967 |
| Building Class | C | Parking Ratio | 10/1,000 SF |
| Zoning | R-4 - Residential | ||
| No. Units | 391 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 78.00 AC |
| Building Size | 274,482 SF |
| No. Stories | 1 |
| Year Built | 1967 |
| Parking Ratio | 10/1,000 SF |
| Zoning | R-4 - Residential |
AMENITIES
SITE AMENITIES
- 24 Hour Access
- Playground
- Property Manager on Site
- Basketball Court
- Trash Pickup - Curbside
- Maintenance on site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+2 | 391 | $496.00 | - |
PROPERTY TAXES
| Parcel Number | 11-08-100-004 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $710,800 |
PROPERTY TAXES
Parcel Number
11-08-100-004
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$710,800
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