3460 47th St Hamilton, MI 49419

Listing agency Wisely Commercial Realty Show Phone

Listed by Adam McNeil · License #IN RB16000684

Source Crexi

Added: Apr 11 Updated: Jul 21 at 5:20AM Checked: Jul 21 at 5:20AM

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Investment Insights

Based on property information with market context.

Riverview MHC is a mobile home and apartment community located in Hamilton, Michigan, situated on approximately 23 acres of relatively flat topography. The community contains 62 total sites, including 49 mobile home spaces and 13 apartment units. Service is supported by well water and septic for sewer. Current operations include a sorting process for residents who became delinquent during COVID, with October rent roll details and manager comments available in the DD vault.

Riverview is located on the west side of Hamilton. The property is approximately 15 minutes southeast of Holland and about 20 minutes to Lake Michigan.

For prospective buyers, the unit mix is designed to accommodate both mobile home tenants and apartment residents, with an indicated occupancy rate of 94% (58) and in-place NOI of $148,924 as provided in the offering summary.

Key Highlights

• Riverview MHC in Hamilton, Michigan on approx. 23 acres with relatively flat topography
• 62 total sites: 49 MH spaces and 13 apartment units
• 94% occupancy (58) with average lot rent of $325 and average apartment rent of $600

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FAQs

What type of property is this?

Mobile home & RV park - Riverview MHC offers 49 mobile home sites and 13 apartment units on approximately 23 acres with well water and septic sewer.

Where is this mobile home & rv park located?

The property is located at 3460 47th St Hamilton, MI.

What are key features of this property?

This property features: Riverview MHC in Hamilton, Michigan on approx. 23 acres with relatively flat topography; 62 total sites: 49 MH spaces and 13 apartment units; 94% occupancy (58) with average lot rent of $325 and average apartment rent of $600