2650 Stoney Lake Boulevard, Stanton, MI 48888
$395,000 - Sold
- MLS#: 25023393
- Number of Units: 14
- Type: 5+ Units
- School District: Central Montcalm
- County: Montcalm
- Taxing Authority: Sidney Twp
- Year Built: 1975
- Basement: No
- Air: None
- Lot Size: 760x300
- Square Footage: 0
- Exterior: Vinyl Siding
- Water: Well
- Acreage: 4.62
- Heat: Forced Air/Natural Gas
- PPN: 01901302011
- Sewer: Septic Tank
- Water Body: None
- Water Features: None
- Utilities Attached: Cable Connected,Electricity Connected,Natural Gas Connected
- Utilities Available at Street: Cable Available,Electricity Available,Natural Gas Available
- Extras: None
- Lot Description:
- Frontage/Type: 66 / Street, 0 / Water
- Terms: Cash, Conventional, FHA, Rural Development, VA Loan
- Original Price: $397,000
- Complex Name:
- Association Amenities:
- Association Includes:
- Directions: M66 N to S Sheridan Rd
- Property Description: Turn-key 14-unit mobile home park for sale in Stanton - all units are resident-owned, offering low maintenance and steady cash flow. Professionally managed at just 5%.The current owner has spent the last 18 months revitalizing the park, including adding 4 new units, regrading and updating the gravel road, and upgrading electrical, plumbing, and natural gas systems.Highlights include: Nearly $60,000 in annual revenue, $350/month lot rent with room for value-add, month-to-month residents, private, wooded setting with walking trails and Stoney Lake access, and a 5-acre parcel with potential to add up to 15 more padsA great opportunity to acquire a stabilized, low-maintenance asset with strong upside.
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