Industrial, Other Style - Wellston, MI
Exceptional rental income opportunity. A 15 unit subdivision consisting of all 16x80' mobile homes ranging in age from 1993 to 2002 sitting on individual 1 acre lots and all with their own private well, septic, storage shed and driveway. Each unit has it's own insulated 'roof over' system, insulated skirting sitting on top of a concrete slab plus the Owner has a strict maintenance and inspection regiment that keeps everything totally up to date. The development has a paved, County maintained roadway and is located walking distance to the Sand Lake Recreation area, less than one mile to the popular Dublin Store and about a 25 minute drive to Manistee and Lake Michigan to the West and about a 1/2 hour drive to Cadillac to the east. It's not unusual to have full occupancy with rental per unit between $600. and $650. per month. The whole operation is overseen by a part-time caretaker/manager allowing the (potential) owner to pursue other interests. Land contract terms will be considered for Buyers with a minimum of 50% down, short term (balloon possible), other contract terms are negotiable.
Would you like more information regarding this property?
Please call (231) 775-1737.
Data Provided by: