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Jenn Smart

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Tbd 10.6 Ac Us 2 , Crystal Falls, MI 49920
$499,999
Est. Payment: $2,605.56/mo
0 Bed
0 Bath
5250 Sqft
Status: active | Days on site: 263
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VCR-C15903466 - VCR-C159091383,VCR-C159052275
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House 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? With a new price reduction to 2026 appraised value this quiet almost 11 acre mobile home park with 5 park owned homes (POH) of varying years and 6 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.

Highlights

Listed by KYLE DUNCAN , 612-296-4804 RE/MAX NORTH COUNTRY , 877-875-6331. MiRealSource, Inc. mls logo

Property Type

Business Opportunity

Lot/Acreage
10.6

Year Built

1975

County

Iron

Area

Crystal Falls Twp (36005)

Listing ID

50194846

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:0
  • Bathrooms:0
  • Full Bathrooms:
Above Ground Sq Ft:5250
Water:Public Water

Exterior Features

Lot:Utilities Underground,Cleared
Lot Dimensions:350x1320
Zoning:Multi-Family,Commercial
Others:
  • Additional:Security Lighting
Sewer:Public Sanitary
Parking Features:21+ Spaces
Principal Interest
$2,606
Taxes
$167

Home Price

$499,999

Loan Details

30 yrs
6.792%

Down Payment

20%
$100,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,605.56

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,605.56 $167.47 $0.00 $2,773.03
Yearly $31,266.77 $2,009.58 $0.00 $33,276.35
Total $938,003.16 $60,287.40 $0.00 $998,290.56
Lender profile image
So-Crates Johnson
Dust, Wind, Dude
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Market insight data is pulled from the same city as the listing being viewed (Crystal Falls, MI).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

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Data last updated: 2026-09-02T03:11:55.100Z

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