$270,000
$399,900
32.5%For more information regarding the value of a property, please contact us for a free consultation.
22 Beds
1,600 SqFt
SOLD DATE : 06/26/2020
Key Details
Sold Price $270,000
Property Type Commercial
Sub Type Apartments
Listing Status Sold
Purchase Type For Sale
Square Footage 1,600 sqft
Price per Sqft $168
MLS Listing ID 219075989
Sold Date 06/26/20
Bedrooms 22
Originating Board Realcomp II Ltd
Year Built 1952
Annual Tax Amount $3,468
Lot Size 3.180 Acres
Acres 3.18
Lot Dimensions IRREGULAR
Property Description
PLEASE NOTE: The Listing Agent is to be present at all showings and has an interest in the property. Please don’t go onto the property without an appointment. A great opportunity to own a combination 20-unit Mobile Home Park and 7- Apartment units property”. Also included is a 4 bedroom home for the onsite managers. All trailers are owned and treated as rental units instead of pad rents. There is plenty of room for expansion to add more trailers. Strong rental history with many tenants renting for over 10 years. Park pays for City water and sewer. Tenants pay other utilities. Many updates in the past 5 years. A certificate of occupancy will be provided by the seller at closing. All state inspections and licensing are current. Don't miss out on this amazing opportunity to own this MHP and Apartment complex with extremely low tenant turnover.
Location
State MI
County Tuscola
Area Vassar
Zoning Commercial
Direction M-15 North to property across from Shop Rite Grocery Store.
Interior
Hot Water Electric, Natural Gas
Heating Baseboard, Forced Air, Wall/Floor Furnace
Heat Source Electric, Natural Gas
Exterior
Pool No
Road Frontage Paved
Building
Foundation Slab, Pillar/Post/Pier
Sewer Public Sewer (Sewer-Sanitary)
Water Community
Level or Stories 1 Story
Structure Type Other
Schools
School District Vassar
Others
Tax ID 051018000160001
Ownership Short Sale - No,Private Owned
SqFt Source PRD
Assessment Amount $10
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
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