The City of Springfield is located just north of the 1-94 Corridor in Southwest Michigan - in the midst of the Kalamazoo-Battle Creek Metropolitan Area. The two-county region consists of more than 365,000 residents. Springfield is approximately 3.81 square miles in area. The City of Springfield’s economy is mostly driven by small businesses - there are more than 250 small businesses in the city limits including: Chrysler, Dodge, Jeep, Toyota, and Honda dealerships, Dare Products, the GHS String Company, Waste Management, RW George, Beech and Rich Coatings, Fastenal, and Behnke Trucking.
MHRE Inc. is pleased to present Thunderbird Village located in Springfield, Michigan. Built in 1956 and renovated in 2006, the park is sitting on 31 acres. Park residents are responsible for water, sewer, gas, and electricity. The community is on city water and sewer under a master meter with the occupied sites individually sub-metered. As of March 2019, there are 56 resident owned homes, 28 lease option homes, and 3 leased homes. In April 2019, the owner is increasing site rents by $25 to $350.
1145 Harmonia Road
Springfield, Michigan 49037
For detailed information on this property please contact: Christopher Nortley (586) 884-8416.
|Land (Acres) +||0|
|WATER METER TYPE||Sub-metered|
|SEWER METER TYPE||Sub-metered|
|Community Owned Homes & Notes||$550,000|
|Price per Site||$19,097|
|Price Occupied per Site||$31,250|
|Cap Rate (Without Reserves)||8.84%|
|LEASED OPTION HOMES||25|