271 Lakeside Dr, Delton, MI 49046
Guernsey Lake Estates offers 41 lakefront mobile home sites with public sewer and well water service.
Property Features for 271 Lakeside Dr
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The property is serviced by well water and city sewer. In addition to the existing sites, the offering includes six potential lakefront development lots and approximately 3 acres to the south for potential buildout of additional sites.
The community is being sold with reported in-place NOI of $177,010 and an in-place cap rate of 7.53%.
Key Highlights
- 41 lakefront mobile home sites in Guernsey Lake Estates in Delton, Michigan
- Public sewer and well water service to the community
- 29 occupied sites and 71% MH occupancy, with 21 park‑owned homes
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Vacancy Rate% for Multifamily in Midwest region