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7415 Whitehall Rd
Whitehall, MI 49461
Edgewood MHC · Residential Property For Sale
PROPERTY FACTS
| No. Units | 53 | Lot Size | 9.39 AC |
| Property Type | Residential | Average Occupancy | 57% |
| Property Subtype | Manufactured Housing/Mobile Home | Number of Floors | 1 |
| Apartment Style | Low Rise | Year Built | 1955 |
| No. Units | 53 |
| Property Type | Residential |
| Property Subtype | Manufactured Housing/Mobile Home |
| Apartment Style | Low Rise |
| Lot Size | 9.39 AC |
| Average Occupancy | 57% |
| Number of Floors | 1 |
| Year Built | 1955 |
About 7415 Whitehall Rd , Whitehall, MI 49461
Marcus & Millichap is pleased to present the opportunity to acquire a 53 site manufactured housing community located in Whitehall, Michigan. Edgewood MHC is an all-age community situated on 9.39 acres. The community has well water and a septic field. Current occupancy is 58% and the community historically has very low delinquency and virtually no turn over. Edgewood MHC has multiple entrances, three on Benston Road and one on Whitehall Road providing convenient access to the Walmart Supercenter located 2 miles away. The town of Whitehall overlooks Lake Michigan and is a few miles from Michigan Adventure. At the current asking price of $1,100,000, a new investor can expect a 8.46% Year 1 cap rate.
PROPERTY TAXES
| Parcel Number | 03-035-200-0007-00 | Improvements Assessment | £0 |
| Land Assessment | £0 | Total Assessment | £118,542 |
PROPERTY TAXES
