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29347262
29347263

926 Hill St, Portland, MI 48875

JK
MI 360848
Multi Family Innovations
Listed by Multi Family Innovations
$950,000
163 days on market
Updated 11 days ago

Sunset View MHC

Details
Property Type Multifamily
Sub Type RV Park
Cap Rate 8.31%
NOI $78,912
Occupancy 40%
Broker Co-Op Yes
Class C
Acreage 5.000
Sale Condition Distressed

Multifamily | 8.31% CAP

Marketing description

35 site mobile home community for sale in Portland Michigan.

City Water/City Sewer-Individually Metered

Low Expenses

There is upside-There are 3 vacant homes that are ready to go-Extra $1500-$3000 per month.

There is upside-Vacant homes that need to be remodeled.

There is upside-Vacant lots.

Investment highlights

Numbers are based on 25% Down and 6.25% interest rate.

Investment Returns : Actual (Current Income & Expenses)

Cap Rate 7.17%

Cash on Cash Return 4.95%

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Listing Contacts

JK
MI 360848
Multi Family Innovations
Listed by Multi Family Innovations

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
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Annual Cash Flow
$78,912.00
$6,576.00/mo

Valuation Metrics

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DSCR
8.31%
Cap Rate
8.31%
ROI

Map

Zoning

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R-4 ResidentialSingle FamilyManufactured Home Community District
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View all 29 uses
View all 29 uses
Last updated May 8, 2026 For deeper zoning details, reports are available at Zoneomics

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Property History

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Tax History

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Additional Information

Name
Jonathan King
License
360848
Brokerage
Real Broker LLC
Brokerage Phone
8105454085
Brokerage Address
8995 Doyle Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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