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Lakefront Mobile Home Community
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271 Lakeside Dr, Delton, MI 49046

Guernsey Lake Estates offers 41 lakefront mobile home sites with public sewer and well water service.

Property SizeContact for details
Days on Market123

Property Features for 271 Lakeside Dr

General Information

Standard status Active
Property subtype Mobile Home Park
Occupancy 71%

Financials

Cap Rate 7.53%
Business Included Yes

Additional Details

Utilities to Site Yes
Listing Agency: Wisely Commercial Realty
Listed By: Adam McNeil · License #IN RB16000684
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Apr 11 at 4:09PM

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 Wisely Commercial Realty

Investment Insights

Based on property information with market context.

Guernsey Lake Estates is a lakefront mobile home community in Delton, Michigan, offered for sale with 41 lakefront mobile home sites. Of the 41 sites, 29 are currently occupied, with 21 park-owned homes in place. The community has been improved by the current owner over the past few years, including the addition of 19 new homes.

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

Property Analytics

Current Use

Mobile home & RV ...

Suggested Use

Top Pick Storage Facility Grocery & Convenience Store Travel Agency

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

71%
Occupancy
Turnkey business
Opportunity
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

12
Businesses Nearby

Demographics for 49046, MI

7,080
Population
3,672
Households
1.9
Avg Household Size
49
Median Age
24%
College-Educated
95%
High-School Grad
80.2 sq mi
ZIP Area
88
Density / Sq Mi
$83,393
Median Household Income
$42,338
Median Earnings
$1,064
Median Rent
$268,100
Median Home Value

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 - Guernsey Lake Estates offers 41 lakefront mobile home sites with public sewer and well water service.
Where is this mobile home & rv park located?
The property is located at 271 Lakeside Dr Delton, MI.
What are key features of this property?
This property features: 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
(317) 758-5032 Call to check price and availability
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