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$375,000
70 Days On Site
1723 S Van Dyke RoadColfax Township, MI 48413
For Sale|Business|Active
0
Beds
0
Total Baths
1,000
SqFt
$375
/SqFt
County:
Huron
Call Now: 810-360-3488
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810-360-3488
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Monthly Payment (Est.)
$1,711Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2026 Information is deemed reliable but not guaranteed.
Bad Axe 27 mobile homes total, including the site manager’s home. $300,000 Below Appraised Value |27-Unit Residential Income Portfolio | Offered at $375.000, This stabilized residential income portfolio comprises 27 single-mobile home residences on 23 AC properties. Running at 80% occupancy under continuous professional management, the portfolio generates $4000 in gross monthly rents — $4800 annually. At a standard 30% expense ratio, estimated NOI lands at approximately $30000, placing this offering at an 8.0% cap rate on the ask price not including the vacancy. To put that in perspective: you’re buying a sub-9-cap asset for a 10-cap price.
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Listing Snapshot
Price
$375,000
Days On Site
70 Days
Bedrooms
N/A
Inside Area (SqFt)
1,000 sqft
Total Baths
N/A
Full Baths
N/A
Partial Baths
N/A
Lot Size
23.45 Acres
Year Built
N/A
MLS® Number
20261038882
Status
Active
Property Tax
$8,918.47
HOA/Condo/Coop Fees
N/A
Sq Ft Source
Owner
Friends & Family
Recent Activity
| 2 months ago | Listing first seen on site | |
| 2 months ago | Listing updated with changes from the MLS® |
General Features
Acres
23.45
Additional Property Use
CommercialResidential
Cross Street
van dyke
Levels
One
Property Sub Type
Business
Sewer
Septic Tank
Special Circumstances
Standard
SqFt Above
1000
SqFt Total
3840
Water Source
PrivateWell
Zoning
Commercial
Interior Features
Heating
Forced AirNatural Gas
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Exterior Features
Construction Details
Other
Community Features
Financing Terms Available
CashContractConventional
MLS Area
Area32171ColfaxTwp
Roads
Paved
School District
BadAxe
Schools
School District
BadAxe
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of Real Estate One-Troy: [email protected]
IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
IDX provided courtesy of Realcomp II Ltd. via RealcompIILtd. Copyright © 2026 Realcomp II Ltd. Shareholders.
IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing and that the data is deemed reliable but not guaranteed accurate by the MLS.
Neighborhood & Commute
Source: Walkscore
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