Listed by KW Commercial
$525,000
28730 GRAND RIVER Avenue
Details
APN 2336328046
Property Type Business for Sale, Multifamily
Sub Type Business and Building, Apartment Building
Square Footage 100
Units 22
Cap Rate 7.92%
NOI $41,601
Class B
Year Built 9999
Acreage 1.120
Business for Sale | 7.92% CAP | 100 SqFt
Marketing description
Rare investment opportunity in Farmington Hills—presenting a 21-unit mobile home park situated in a highly desirable, well-connected area. This property offers consistent cash flow, strong occupancy, and the kind of long-term stability investors are looking for.
Zoned and operating as a mobile home community, this park features well-kept grounds, utility hookups, and easy access to shopping, dining, and major highways—making it attractive to both tenants and investors alike.
With demand for affordable housing on the rise, this is your chance to own a turn-key investment in one of Metro Detroit’s most sought-after suburbs. Don’t miss out on this high-potential asset with room to grow.
Listing Contacts
Listed by KW Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$41,601.00
$3,466.75/mo
Valuation Metrics
0
DSCR
7.92%
Cap Rate
7.92%
ROI
Map
Zoning
GR-1 OverlayGrand River Overlay District
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View all 157 uses
View all 157 uses Last updated Jun 1, 2026 For deeper zoning details, reports are available at Zoneomics
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Property History
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