Properties for Sale

# 104 - Southwest, Michigan, United States

Basic Details
Property Type : Mobile Home Community
Ref ID : # 104
Owner Occupied : 44
Price : $650,000
Number of Vacant Lots : 15
Total Number of Sites : 59
Rentals : 0
Listing Type : Sold
Number of Vacant Units : 0
Address Map
Country : US
State : MI
City : Southwest
Property Description

Community Information
Total Acres: 40
Unused Acres: 0
Traditional Occupancy Rate: 75%
Is Manager Onsite: Yes
Number of Entrances to Park: 12
Average Lot Size: Large lot sizes, mostly singles in the park but can hold up to doubles

Rental Information
Owner Occupied Rent: $265-$315
Rental Unit Rent: –
Collection Rate: 95%
Last Rent Increase: January 2016
For How Much: $15

Utilities & Infrastructure Information
Type of Water: 3 Well
Individual Meters: –
Type of Sewer: Lagoon
Individual Meters: –
If So Who Reads and Bills: –
Who Owns the Lines: Park
Type of Roads: Asphalt
Who Maintains Roads: Park
On/Off Street Parking: On And Off
Electric Provider: Midwest Energy
Amp Service: 100
Natural/Propane Gas: Propane

Amenities & Pride of Ownership Info
Average Age of Homes: 20Years
Group Mailboxes: Yes
Club House: No
Play Ground: Yes
Laundry: No
Mature Trees: Yes
Basketball Courts: Yes
Park Rating: B-

Makeup of Area
Where Tenants Work:
Largest Employer:
Population: City- $3,500, County 75,000
Comments: Very clean and well maintained park, good pride of ownership. Seller has been very aggressive in getting rid of non paying tenants and now has a very stable tenant base. 19 miles from South Haven and 20 miles from Kalamazoo. Large amount of extra acreage.