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26 Kenneally Boulevard, Gladstone, MI, 49837
Manufactured Home in 55+ Community

26 Kenneally Boulevard Gladstone, MI 49837

For Sale
$139,900

2003 double-wide with 3 bedrooms, 2 full baths, a wood deck, and an attached 2-car garage in a 55+ community.

Property Size1,352 SF
Price / SF$103.48
Days on Market46

Property Features for 26 Kenneally Boulevard

General Information

Standard status
Active
Size
1,352 SF
Property subtype
Manufactured In Park / Manufactured Home

Building Details

Year Built
2003
Listing Agency: PREMIER REAL ESTATE, INC.
Listed By: JENNIFER LACHANCE · License #6501430434
Source: Compass
Added: Jun 9 Changed: Jul 22 Last Checked: Jul 23 at 7:28AM

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 PREMIER REAL ESTATE, INC.


Investment Insights

Based on property information with market context.

Built in 2003, this double-wide manufactured home offers 3 bedrooms and 2 full bathrooms with a functional, spacious layout. The open dining area includes sliding door access to a 10' x 15' wood deck, creating direct indoor-outdoor flow. The primary suite features a walk-in closet and a private bath with double vanity, soaker tub, and separate walk-in shower. Two additional bedrooms share a second full bathroom, supporting flexible use for guests, hobbies, or office needs.

The home includes an attached 2-car garage for vehicle storage and additional space. Residents have access to the community clubhouse and village amenities. Monthly lot rent is $413, and buyers must be approved by park management prior to occupancy.

Located at 26 Kenneally Boulevard in Gladstone, MI 49837, this home is set up for low-maintenance living while allowing room for personal updates.

Key Highlights

  • 2003 double‑wide manufactured home in a 55+ retirement community with 3 bedrooms and 2 full bathrooms
  • Open dining area with sliding door access to a 10' x 15' wood deck
  • Primary suite includes a walk‑in closet and private bath with double vanity, soaker tub, and separate walk‑in shower

Financial Insights For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $16.2k $12.00
− Vacancy −$1.1k −$0.84
EGI $15.1k $11.16
− OpEx −$6.8k −$5.02
NOI $8.3k $6.14
1,352 SF · lease $12.00/SF/yr · vacancy 7.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$118.6K
$103.7K – $138.3K (±1% cap)
NOI $8,299 @ 7.0% cap · market cap 5.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$264.7K
$231.6K – $308.8K (±1% cap)
NOI $18,527 @ 7.0% cap · market cap 13.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Mobile home & RV ...

Suggested Use

Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Mobile home & RV park - 2003 double-wide with 3 bedrooms, 2 full baths, a wood deck, and an attached 2-car garage in a 55+ community.
Where is this mobile home & rv park located?
The property is located at 26 Kenneally Boulevard Gladstone, MI.
What is the asking price?
The asking price for this property is $139,900.
What are key features of this property?
This property features: 2003 double‑wide manufactured home in a 55+ retirement community with 3 bedrooms and 2 full bathrooms; Open dining area with sliding door access to a 10' x 15' wood deck; Primary suite includes a walk‑in closet and private bath with double vanity, soaker tub, and separate walk‑in shower
More about this property
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