Log In/Sign Up
Your email has been sent.
Potters Trailer Park 4470 9th St 43 Unit Mobile Home Park $1,300,000 ($30,233/Unit) 7.60% Cap Rate Ecorse, MI 48229
INVESTMENT HIGHLIGHTS
- 2.47 Acres
- 550 Lot Rents
- 43 Total Pads
- Occupancy (%) - 51% and 22 occupied
EXECUTIVE SUMMARY
Potters Trailer Park
Address: 4470 9th St, Ecorse, MI 48229
Maps Link: Click Here
Property Overview
Total Acreage: 2.47 acres
Total Pads: 43
Occupancy: 60% (26 occupied)
Home Type: 100% Tenant-Owned Homes (TOH)
Financial Details
Lot Rent: $550/month
Included in Rent:
$50 Water Charge
$10 Infrastructure Charge
$3 School Tax
Total Rent Collected per Occupied Lot: $613/month
Last Rent Increase: Effective August 1, 2024
Gross Monthly Income: $15,938 (613 × 26 occupied lots)
Pricing Expectation: $1,300,000
Utilities & Infrastructure
Water & Sewer: City (Public)
Submetered Water/Sewer: Yes (billed back to tenants)
Gas & Electric: Direct-billed to tenants
Recent/Outstanding CapEx Projects:
Road improvements underway (Spring 2025)
Office recently renovated
Park beautification plan currently being implemented
Investment Highlights
Value-Add Potential: With 40% vacancy, there is strong upside through lease-up, marketing, and operational improvements.
Low Maintenance: All homes are tenant-owned, reducing ongoing repair and turnover costs.
Rent Growth: Recent increase positions the park well for stable, growing returns.
Market & Economic Strength
Strategic Location: Situated in Ecorse, part of the expanding Detroit metro area.
Major Employers Nearby:
Ford Motor Co
Stellantis
General Motors
American Axle and Manufacturing Inc.
EMSCO Plastics Inc.
Orion Energy Systems
Crystal Flash Energy
Economic Revitalization: Ecorse and the broader Detroit area are seeing increased investment and job growth, contributing to long-term property appreciation.
Potters Trailer Park presents a unique value-add opportunity in a rising market. With recent rent increases, infrastructure improvements, and all homes being tenant-owned, investors can capitalize on strong cash flow and long-term upside.
Address: 4470 9th St, Ecorse, MI 48229
Maps Link: Click Here
Property Overview
Total Acreage: 2.47 acres
Total Pads: 43
Occupancy: 60% (26 occupied)
Home Type: 100% Tenant-Owned Homes (TOH)
Financial Details
Lot Rent: $550/month
Included in Rent:
$50 Water Charge
$10 Infrastructure Charge
$3 School Tax
Total Rent Collected per Occupied Lot: $613/month
Last Rent Increase: Effective August 1, 2024
Gross Monthly Income: $15,938 (613 × 26 occupied lots)
Pricing Expectation: $1,300,000
Utilities & Infrastructure
Water & Sewer: City (Public)
Submetered Water/Sewer: Yes (billed back to tenants)
Gas & Electric: Direct-billed to tenants
Recent/Outstanding CapEx Projects:
Road improvements underway (Spring 2025)
Office recently renovated
Park beautification plan currently being implemented
Investment Highlights
Value-Add Potential: With 40% vacancy, there is strong upside through lease-up, marketing, and operational improvements.
Low Maintenance: All homes are tenant-owned, reducing ongoing repair and turnover costs.
Rent Growth: Recent increase positions the park well for stable, growing returns.
Market & Economic Strength
Strategic Location: Situated in Ecorse, part of the expanding Detroit metro area.
Major Employers Nearby:
Ford Motor Co
Stellantis
General Motors
American Axle and Manufacturing Inc.
EMSCO Plastics Inc.
Orion Energy Systems
Crystal Flash Energy
Economic Revitalization: Ecorse and the broader Detroit area are seeing increased investment and job growth, contributing to long-term property appreciation.
Potters Trailer Park presents a unique value-add opportunity in a rising market. With recent rent increases, infrastructure improvements, and all homes being tenant-owned, investors can capitalize on strong cash flow and long-term upside.
PROPERTY FACTS
| Price | $1,300,000 | Building Class | C |
| Price Per Unit | $30,233 | Lot Size | 2.47 AC |
| Sale Type | Investment | Building Size | 900 SF |
| Cap Rate | 7.60% | Average Occupancy | 51% |
| No. Units | 43 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Property Subtype | Manufactured Housing/Mobile Home | ||
| Zoning | Cm - Commerical Real | ||
| Price | $1,300,000 |
| Price Per Unit | $30,233 |
| Sale Type | Investment |
| Cap Rate | 7.60% |
| No. Units | 43 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 2.47 AC |
| Building Size | 900 SF |
| Average Occupancy | 51% |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | Cm - Commerical Real |
1 1
PROPERTY TAXES
| Parcel Number | 34-012-01-0024-001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $60,300 |
PROPERTY TAXES
Parcel Number
34-012-01-0024-001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$60,300
-
Research In Progress - Research In Progress
1 of 7
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Research In Progress
Potters Trailer Park | 4470 9th St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.