Long’s Mobile Home Court

Redford Charter Township, Michigan

Property overview

Redford, Michigan is a bedroom community nestled against the west side of Detroit. Technically referred to as Redford Charter Township, the township has a total area of about 11 square miles, much of it residential. Redford grew as Detroit expanded through the first half of the 20th century, going from about 4,000 people in 1930, and peaking at about 72,000 people in 1970. The township is now a mid-sized suburb of Detroit, housing people who work in the various industries in the region.

Built in the 1940’s, the investment opportunity consists of a 65 site MHP, with two additional apartments for a total of 67 revenue producing sites. Long’s MHP has a highly stabilized historical occupancy. Currently there are 2 vacant mobile homes and 5 vacant MH sites. Long’s Mobile Home Court is located in a western suburb of Detroit and is located in Wayne County which is the most populous county in the state of Michigan.

An investor can immediately increase returns by either submetering the water and sewer or implementing a RUBS. Furthermore, rents can also be increased based on current market rents.

Long’s Mobile Home Court
26530 Plymouth Road
Redford Charter Township, Michigan 48239

For detailed information on this property please contact: Steve Yank (858) 699-9866.

Property Summary

Total Sites67
Year Constructed1940
Land (Acres) +1.63
Occupancy89.6%
Average Rent/Site$340
PRIMARY USEMHP
PROPERTY TYPEAll-Age
WATERMunicipal
SEWERMunicipal

OFFERING SUMMARY

Community Price$950,000
Total Investment$950,000