Mobile home park in the Western North Carolina Blue Ridge Mountains! Great income producing property with potential for income growth. Land lays nicely with mountain views, paved roads, easy access, close to shopping and area activities. The park has 36 mobile home spaces, 3 RV hook ups, 4 owned mobile homes, 1 block storage garage, a 15 x 30 +/- storage building and a 10 x 12 +/- storage building.
Marcus & Millichap is pleased to present the Houghton Portfolio, comprising Julien Heights Apartments and 1202 College Townhomes, both located in the college town of Houghton, Michigan. 1202 College Townhomes offer 12 three-bedroom, two-bath units constructed within the last few years, while Julien Heights Apartments offers 65 units, with a unit mix of 63 two-bedroom, one-bath units to delivered in August 2015, and two one-bedroom, one bath units to be delivered December 2015. Both properties, offering a total of 164 beds, are 100% leased for the 2015-2016 academic year. Houghton is home to Michigan Technological University, a public research university founded in 1885 and known for its programs in science, technology, engineering, forestry, and business. Over 7,100 students were enrolled in 2014, in over 130 undergraduate and graduate programs. The university plans to double enrollment in its graduate school by 2035 and already achieved a 7.2% increase in the last 10 years. Although the majority of the student body is pulled from Michigan, Minnesota, Wisconsin, and Illinois, there is a growing international population, particularly in the graduate program. Houghton is a small town with a full-time population of a little over 7,700 people, not including the University’s student population, located in Michigan’s Upper Peninsula. It is situated on the south side of the Portage Lake Lift Bridge, the only land bridge over the Keweenaw Waterway, a partially man-made canal dredged in the 1860s to facilitate the export of copper. Houghton is a four hour drive from Green Bay, Wisconsin, and a six hour drive from Minneapolis, Minnesota. OFFERING MEMORANDUM: https://private.filesanywhere.com/SWI3/fs/v.aspx?v=907167cd9861b4b5b46c
$269,500Size Upon Req.
Very nice, well maintained investement property with good rental history. This park has room for 10 trailers and possibilty of expansion. Included with the ssale of the property is a three bedroom one bath house and five trailers. Located in close proximity to shopping, schools and hospital.