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Hamilton, MI Apartment Buildings for Sale

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Mobile Home & Apartment Community
Updated: Apr 11
Mobile Home & Apartment Community

3460 47th St, Hamilton, MI 49419

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23.00 AC lot
Riverview MHC in Hamilton, Michigan on approx. 23 acres with relatively flat topography
62 total sites: 49 MH spaces and 13 apartment units
94% occupancy (58) with average lot rent of $325 and average apartment rent of $600
In‑place NOI of $148,924 with a listed cap rate of 7.5% and list price of $1,975,000
Utilities include well water with septic for sewer
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See what stands out in Allegan County

We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

We check every listing here. A few are worth a second look.

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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hamilton, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

28-Unit Apartment Portfolio
28-Unit Apartment Portfolio

863 Lincoln Ave, Holland, MI 49423

$2,125,000
15,284 sqft

Two parcels contain apartment buildings and a single-family rental, with RMU zoning and full occupancy reported.

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Renovated Multifamily Property in Holland
Renovated Multifamily Property in Holland

1051 Abbey Court, Holland, MI 49423

$925,000

Turnkey investment with updated units and strong income potential.

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Updated Parkside Condominium with Garage
Updated Parkside Condominium with Garage

2843 Parkside #14, Jenison, MI 49428

$283,000

Updated 3-bedroom condo with garage, immediate occupancy available.

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Turnkey Condo in Jenison
Turnkey Condo in Jenison

7373 Pine Grove, Jenison, MI 49428

$245,000

2 bed, 1.5 bath condo with garage and storage.

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Hamilton, MI Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Hamilton, MI on our real estate platform.

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Demographics Overview

Population 8,730
Population Growth (5Y) +3.9%
Median Household Income $92,708
College Educated 32.0%

Taxes & Financing

Tax Rate (average for all types) 2.74%
Property Tax per SF $63.36 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Allegan County

New Delisted

Total CRE Inventory on Market (SF)

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