Multifamily

Bad Axe, MI Multifamily Properties for Sale

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Stabilized 27-Mobile Home Portfolio
Updated: May 25
Stabilized 27-Mobile Home Portfolio

1723 S Van Dyke Road, Bad Axe, MI 48413

$375,000
3,840 sqft 23.00 AC lot
Portfolio of 27 single‑mobile home residences on 23 AC properties, including the site manager’s home
Running at 80% occupancy under continuous professional management
Generates $4,000 in gross monthly rents
Offered at $375,000, reportedly $300,000 below appraised value
Estimated at an 8.0% cap rate on the ask price, not including the vacancy
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Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Bad Axe, MI, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Brick Multifamily with Carport
Brick Multifamily with Carport

2736 Golf Course Drive, Marlette, MI 48453

$839,000
9,000 sqft 1.47 AC lot

Ten-unit residential income property built in 1964, consisting of one brick building plus a carport.

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Ten-Unit Multifamily Property
Ten-Unit Multifamily Property

2736 Golf Course Dr, Marlette, MI 48453

$839,000
1.47 AC lot

Ten-unit multifamily property near Marlette Golf Course.

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RV Park with Private Beach Access
RV Park with Private Beach Access

Au Gres, MI 48703

$39,000

For sale RV park offering a 2009 fifth wheel on an owned lot plus clubhouse amenities and private 600-foot beach access.

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Marina Condominium with Boat Slip
Marina Condominium with Boat Slip

831 South Main Street, Unit 200, Au Gres, MI 48703

$39,900

Unit includes a boat slip and a 9x24 Jayco travel trailer with one bedroom, one bath, patio, and storage shed.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Recreational Lot with Boat Slip
Recreational Lot with Boat Slip

831 S Main Street, Au Gres, MI 48703

Contact for pricing
0.01 AC lot

Recreational condo lot at Sleepy Oaks Harbour with a boat slip for up to a 25' boat and associated trailer improvements.

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Sanford Vacant Land with Utilities
Sanford Vacant Land with Utilities

978 timberlynn trail, Sanford, MI 48657

Contact for pricing
0.80 AC lot

Two lots with water and electric hookups, lake access.

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Expansive Land with Development Potential
Expansive Land with Development Potential

VL N Fleming Road, Fowlerville, MI 48836

$6,900,000
354.27 AC lot

350+ acres of prime land with two scenic lakes.

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Private Campground Lot with Hookups
Private Campground Lot with Hookups

4537 Pine Run, Farwell, MI 48622

$41,500
0.75 AC lot

Residentially zoned camping lot with three 30-amp electric hookups and septic connections, already prepped with pads.

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Bad Axe, MI Multifamily Properties Market Trends and Statistics

Explore 1 multifamily properties for sale in Bad Axe, MI on our real estate platform. These investment opportunities span a total of 3,840 square feet of properties for sale, with an estimated market value of $375,000.

Sale prices for multifamily properties in Bad Axe, MI start at $375,000, averaging $375,000, and reaching up to $375,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Mobile home & RV parks 1

Demographics Overview

Population 7,404
Population Growth (5Y) +2.8%
Median Household Income $56,804
College Educated 22.8%

Taxes & Financing

Tax Rate (average for all types) 4.47%
Tax Rate vs County Average 0.94 pp above county avg
Average Loan-to-Value 65.0%

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