Occupied Mobile Home Park
2364 N Parma Road Parma, MI 49269
New
2364 N Parma Road, Parma, MI, 49269
$395,000
For Sale
$395,000
MULTI_FAMILY - Parma, MI
Lot Size9.00 Acres
Days on Market7
Property Features for 2364 N Parma Road
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 9
- Rooms
- Bedroom 9, Bedroom 6, Bedroom 1, Bedroom 4, Bedroom 5, Bathroom 4, Bathroom 6, Bathroom 3, Bathroom 2, Bedroom 2, Bathroom 5, Bedroom 8, Bedroom 3, Bedroom 7, Bathroom 1
- 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 agency
THINKING REAL ESTATE
(517) 780-3800
Listed by
LAURA Dwyer SCHLECTE · License #6502106966
(517) 780-3830
Added: Jul 15 Updated: Jul 20 at 2:29PM Checked: Jul 21 at 1:06PM
MLS# 26036238
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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.
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 ...
Similar For Sale Nearby
FAQs
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
