
Multi Family Innovations
Listed by Multi Family Innovations
$950,000
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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Multi Family Innovations
Listed by Multi Family Innovations
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$78,912.00
$6,576.00/mo
Valuation Metrics
0
DSCR
8.31%
Cap Rate
8.31%
ROI
Map
Zoning
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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