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Occupied Mobile Home Park
For Sale
$395,000

2364 N Parma Road, Parma, MI 49269

Multi Family, Parma, MI

Property SizeContact for details
Lot Size9.00 Acres
Days on Market92

Property Features for 2364 N Parma Road

General Information

Property type Residential Multi Family
Property subtype Other
Zoning description AG1
Bedrooms 9
Full bathrooms 6
Rooms Bedroom 9, Bedroom 5, Bedroom 8, Bathroom 1, Bathroom 4, Bedroom 7, Bathroom 6, Bedroom 2, Bathroom 5, Bedroom 6, Bedroom 4, Bedroom 1, Bedroom 3, Bathroom 3, Bathroom 2
Parking 5
Parking features Driveway
Basement Crawl Space
Lot features Wooded
Elementary school district Western
Middle school district Western
High school district Western
Directions South of I-94; North of Michigan Ave.
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
Legal Description Includes 3 Lots: 000-06-25-426-003-00; 000-06-25-426-004-00; 000-06-25-476-001-04

Utilities

Sewer type Septic Tank
Heating system Forced Air
Water source Well

Building Details

Year built 1970
Number of units 7
Listing Agency: THINKING REAL ESTATE
Listed By: LAURA Dwyer SCHLECTE · License #6502106966
Added: Jul 15 Changed: Oct 8 Last Checked: Oct 14 at 6:06PM
MLS# 26036238

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 mobile home park comprises three separate parcels totaling approximately 9 acres, with five mobile homes on site. Four homes are owned by the seller, while the fifth generates lot rent. The homes are approximately 30–40 years old and have been rebuilt or updated, with reported condition ranging from average to good and no known major deferred maintenance. Heating is provided by forced air, and driveway parking serves the property.

Infrastructure includes three wells and four septic systems. Owner-paid utilities apply to the duplex units. The property offers access to the highway and the Village of Parma, while additional vacant acreage may support future home sites or other uses subject to municipal and zoning approval.

Key Highlights

  • Three separate parcels totaling approximately 9 acres
  • Five mobile homes on site; seller owns four and receives lot rent from the fifth
  • Fully occupied mobile home park

Property Analytics

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Current Use

Mobile home & RV ...

Suggested Use

Top Pick Parking Lot & Garage HVAC Service Real Estate Agency Auto Parts Store Big Box & Wholesale Store Building Supply

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Yes
Highway access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

84
Businesses Nearby

Demographics for 49269, MI

5,874
Population
2,083
Households
2.8
Avg Household Size
42
Median Age
20%
College-Educated
92%
High-School Grad
55.8 sq mi
ZIP Area
105
Density / Sq Mi
$83,933
Median Household Income
$50,372
Median Earnings
$967
Median Rent
$200,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mobile home & RV park - Fully occupied park with resident homes, private wells, and septic systems serving the property.
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: Three separate parcels totaling approximately 9 acres; Five mobile homes on site; seller owns four and receives lot rent from the fifth; Fully occupied mobile home park
More about this property
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