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Occupied Mobile Home Park Investment

2364 N Parma Road Parma, MI 49269

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Picture of Mobile home & RV parks at 2364 N Parma Road, Parma, MI

2364 N Parma Road, Parma, MI, 49269

$395,000

For Sale

$395,000

MULTI_FAMILY - Parma, MI

Lot Size9.00 Acres

AddedJul 15

Days on Market2

Last RefreshJul 16 at 6:06 am

Property Features for 2364 N Parma Road

General Information

Property type: Residential Multi Family
Property subtype: Other
Bedrooms: 9
Rooms: Bathroom 2, Bedroom 5, Bathroom 4, Bathroom 3, Bedroom 4, Bathroom 5, Bedroom 7, Bedroom 9, Bedroom 3, Bedroom 6, Bedroom 1, Bedroom 8, Bathroom 6, Bathroom 1, Bedroom 2
Parking: 5
Parking features: Driveway
Basement: Crawl Space
Standard status: Active
APN: 000-06-25-426-003-00
Lot size: 9.00 Acres

Taxes and HOA fees

Tax Year: 2025
Tax Description: Includes 3 Lots: 000-06-25-426-003-00; 000-06-25-426-004-00; 000-06-25-476-001-04
Tax Annual Amount: 3016

Utilities

Sewer type: Septic Tank
Heating system: Forced Air
Water source: Well

Building Details

Year built: 1970
Number of units: 7

Listing agent LAURA Dwyer SCHLECTE License #6502106966

Listing office THINKING REAL ESTATE 761 W MICHIGAN AVENUE SUITE A, JACKSON, MI

Listing date Jul 15, 2026

MLS# 26036238 Listing URL

Copyright © 2026 Michigan Regional Information Center, LLC. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This for-sale investment property is a small, fully occupied mobile home park set on three separate parcels totaling approximately nine acres, with five mobile homes on site. The seller owns four of the homes and collects lot rent from the fifth. Current gross annual income is approximately $54,540, with estimated annual operating expenses of approximately $20,000 for taxes, insurance, maintenance, and repairs. The homes are approximately 30–40 years old and have been rebuilt or updated, with average to good condition and no known major deferred maintenance.

The property is supported by three wells and four septic systems. Owner-paid utilities apply to the duplex units, and the park provides convenient access to the highway and the Village of Parma.

Additional vacant acreage may offer room for future home sites or other uses, subject to municipal and zoning approval. The seller prefers owner financing through a land contract, with terms subject to negotiation and approval.

Key Highlights

Small, fully occupied mobile home park with stable cash flow; 5 mobile homes on site
Three separate parcels totaling approximately 9 acres, with owner ownership of 4 homes and lot rent from the 5th
Current gross annual income approximately $54,540 with estimated annual operating expenses of about $20,000

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Mobile home & RV ...

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For sale
Mobile home & RV parks
MI
Parma
49269
2364 N Parma Road

What type of property is this?

Mobile home & RV park - Small, fully occupied park with five mobile homes on approximately nine acres across three parcels.

Where is this mobile home & rv park located?

The property is located at 2364 N Parma Road Parma, MI.

What is the asking price?

The asking price for this property is $395,000.

What are key features of this property?

This property features: Small, fully occupied mobile home park with stable cash flow; 5 mobile homes on site; Three separate parcels totaling approximately 9 acres, with owner ownership of 4 homes and lot rent from the 5th; Current gross annual income approximately $54,540 with estimated annual operating expenses of about $20,000