Starlight Mobile Home Park

Available | $2,450,000Price Reduced

Brighton, MI | Units: 48 | Price Per Unit: $51,042 | Avg Sq Ft: 534 | GRM: 5.66 | DSC: 1.63 | Year 1 ROI: 15.17% | Listing Agent: Jason Gardner

Location

Executive Summary

Starlight Mobile Home Park boasts 3 different unit types; 1 one-bedroom and one-bath home, 27 two-bedroom and one bath homes, 2 three-bedroom homes each measuring 700, 850, and 1,000 square feet respectfully. This community was developed in 1957 and has been well maintained over the years. Starlight is operating at 90% physical occupancy and has maintained this level of performance for many years, requiring only minimal management oversight from ownership. Also included in the sale is an additio