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USAMICrystal FallsTbd 10.6 Ac Us 2 Highway
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TBD 10.6 Ac Us 2 Highway, Crystal Falls, MI

Real Estate

For Sale

Listed price in listed location currency (USD).
$549,900

000

MLS® 50194846

  • Key Facts
  • Description
  • Map

Key Facts

Type Business
Levels Commercial Sale
Size 5250 sqft
Garage No
Maintenance Fees 
Taxes $2,010
Days Active 52
Approx. Age 
Avg. Price Per Sqft $104
MLS® Number 50194846

Property Address: TBD 10.6 Ac Us 2 Highway, Crystal Falls, MI, 49920

Average square foot calculated using Size range provided by listing agent.

Description

Are you looking to invest in something with existing stabilized cashflow that has the infrastructure in place to be able to expand with the right dreams and right ideas? Currently priced at an attractive 11.49% cap rate this quiet almost 11 acre mobile home park with 5 park owned homes (POH) of varying years and 4 tenant owned homes (TOH) is setup for success and ease of operation for the new owners. With the ability to expand to upwards of 25+ total rentable lots this place has it all for the dreamer and developer. While being quiet, it also includes a 350' width of some of the only commercially zoned land on US 2 in the township. The commercial property has not been developed by the current owners, but the possibilities are endless! The park has seen several updates throughout the last few years including major water line repairs & electrical updates. The park is supplied by township utilities including trash pickup, water & sewer. DTE provides natural gas and all units are individually metered. Water meter is split, but all units have individual shutoffs for service. There are currently 4 lots ready for homes to be placed, providing additional income with very little effort. There are a total of 13 rentable lots as the park is currently equipped. The POH homes either are affixed to the property or include titles with the sale. Model years are 2x 2024, 2x 1990s, 1x 1970s. All of the older mobile homes have seen total rehabs in the last 2-3 years. Including new floors, new insulation, new drywall, new paint, new roof(s), new windows the list goes on and on! All park owned homes have existing leases in place. All tenant owned homes are either under lease or month to month. Rent roll provided only to pre-approved buyers. Average lot rent $300. There is also a 20x30 garage with power located in the southern middle of the property to be able to store all maintenance items on site for ease of use. With the possibility of on-site management as well as maintenance this makes a great investment for either the savvy remote entrepreneur, or the first time investor! *Beds/Baths are total of park owned homes **Square feet is estimate of park owned homes. Listing agent is an owner and operator of this property. They are licensed in the state of Michigan.
MLS® Number50194846
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Real Estate Only

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Nov 21, 2025List Date
$549,900List Price
  • Commute

Commute

Starting Address
Destination Address
TBD 10.6 Ac Us 2 Highway, Crystal Falls, MI

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