Mobile Home & RV Park
12851 E Chicago Rd Somerset Center, MI 49282
For Sale
Contact for pricing
Pending
Somerset Estates offers 300 sites, including 203 vacant lots and occupancy of about 33%.
Days on Market111
Property Features for 12851 E Chicago Rd
General Information
Standard status
Pending
Property subtype
Mobile Home Park
Listing Agency:
Other Street Advisors
Listed By:
Enon Winkler · License #FL BK3055134
Source:
Crexi
Added: Apr 11
Changed: Jul 22
Last Checked: Jul 29 at 1:24PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Other Street Advisors
Investment Insights
Based on property information with market context.
Somerset Estates is a mobile home and RV park community offering 300 sites. The park currently includes 56 tenant-owned homes and 31 park-owned homes, along with 10 condo units with an annual HOA fee of $1,500. There are also 203 vacant lots, and community occupancy is approximately 33%.
The property is located in Somerset Center, Michigan at 12851 E Chicago Rd. Rent figures provided include an average lot rent of $381/month for tenant-owned homes and an average home rent of $435/month for park-owned homes.
The listing notes an opportunity for a new investor to drive value through infill of the 203 vacant lots and by raising the below-market rents toward market rate.
The property is located in Somerset Center, Michigan at 12851 E Chicago Rd. Rent figures provided include an average lot rent of $381/month for tenant-owned homes and an average home rent of $435/month for park-owned homes.
The listing notes an opportunity for a new investor to drive value through infill of the 203 vacant lots and by raising the below-market rents toward market rate.
Key Highlights
- Somerset Estates mobile home community in Somerset Center, MI with 300 total sites
- Includes 203 vacant lots and occupancy of about 33%
- 56 tenant‑owned homes with average lot rent of $381/month
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Mobile home & RV park - Somerset Estates offers 300 sites, including 203 vacant lots and occupancy of about 33%.
Where is this mobile home & rv park located?
The property is located at 12851 E Chicago Rd Somerset Center, MI.
What are key features of this property?
This property features: Somerset Estates mobile home community in Somerset Center, MI with 300 total sites; Includes 203 vacant lots and occupancy of about 33%; 56 tenant‑owned homes with average lot rent of $381/month
