Andrew’s Estates MHC
$ 630,000.00
- Property ID: 1589
- Type: MHP/MHC
- Post Updated: 2020-01-29 10:20:54
- Year built: 1961
- Spaces: 71
- Vacant Spaces: 42
- Utilities: Private Well, Private Sewer, Septic
- Price Per Space: $ 9,860.00
Description
Nice park in Kalamazoo-Battle Creek MSA; 15 to 20 minutes to either metro. Great location for commuters. Great opportunity to fill sites and increase upside. Great opportunity to build wealth by filling sites. Park is two hours from several manufactured home plants, resulting in lower transportation costs on new homes. Additionally, the park is within 15 miles of three colleges with a student population over 30,000. The area has a low crime rate and unemployment around 3.6%. Median Household income is $36,343. Apartments vacancy is very low with average rents from $553 (studio) to $1,114 (3-bedroom). The population has increased 8% since 2010. Economy is diverse with manufacturing, retail, hospitality, medical, professional, administrative, and waste management services, all being key employment centers. 10 of the lots are small and will only fit 40 ft homes.
For available due diligence, see links below or Click Here, and select documents
AE Private Utilities – Well & Septic
AE Profit & Loss 12 Month Recap 2018-2019 (1)
AE Rent Increase Prior Notices
ANDREW ESTATES Rules and Regulations
