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Old Orchard Mobile Home Park 35270 Glenwood Rd 33 Unit Mobile Home Park $1,375,588 CAD ($41,684 CAD/Unit) Westland, MI 48186
EXECUTIVE SUMMARY
Property Overview
• Total Licensed Lots: 29
o 26 mobile homes
o 1 apartment/cottage unit
o 1 triplex (+ 1 office building not currently rented)
• Occupancy: 25 paying tenants
• Home Ownership: 2 Park-Owned Homes (POH), balance Tenant-Owned Homes (TOH)
• Vacancies: 4 vacant mobile homes / 1 vacant triplex unit
• Lot Rent: $450–$550/month (no utilities included)
• On-Site Manager: Resides in Lot 15 (receives free lot rent)
?? Utilities
• City Water & Sewer: Master metered and billed back via RUBS
• Utility Charges:
o $35/month single occupant
o $60/month multiple occupants
• Recapture Rate: 75–80%
?? Financial Highlights
• Gross Monthly Income: ~$12,565 (includes utility bill-backs)
• Lot Rent Range: $450 - $550/month (no utilities included)
• Asking Price: $1,050,000
?? Market & Economic Highlights
• ?? Strategic Location: Westland, MI – part of Metro Detroit, a major industrial and tech hub
• ?? Major Employers:
Ford Motor Co, Stellantis, General Motors, American Axle, Amazon Fulfillment, and Beaumont Health
• Total Licensed Lots: 29
o 26 mobile homes
o 1 apartment/cottage unit
o 1 triplex (+ 1 office building not currently rented)
• Occupancy: 25 paying tenants
• Home Ownership: 2 Park-Owned Homes (POH), balance Tenant-Owned Homes (TOH)
• Vacancies: 4 vacant mobile homes / 1 vacant triplex unit
• Lot Rent: $450–$550/month (no utilities included)
• On-Site Manager: Resides in Lot 15 (receives free lot rent)
?? Utilities
• City Water & Sewer: Master metered and billed back via RUBS
• Utility Charges:
o $35/month single occupant
o $60/month multiple occupants
• Recapture Rate: 75–80%
?? Financial Highlights
• Gross Monthly Income: ~$12,565 (includes utility bill-backs)
• Lot Rent Range: $450 - $550/month (no utilities included)
• Asking Price: $1,050,000
?? Market & Economic Highlights
• ?? Strategic Location: Westland, MI – part of Metro Detroit, a major industrial and tech hub
• ?? Major Employers:
Ford Motor Co, Stellantis, General Motors, American Axle, Amazon Fulfillment, and Beaumont Health
PROPERTY FACTS
| Price | $1,375,588 CAD | Building Class | C |
| Price Per Unit | $41,684 CAD | Lot Size | 1.35 AC |
| Sale Type | Investment | Building Size | 3,252 SF |
| No. Units | 33 | Average Occupancy | 96% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Manufactured Housing/Mobile Home | Year Built | 1997 |
| Zoning | BI | ||
| Price | $1,375,588 CAD |
| Price Per Unit | $41,684 CAD |
| Sale Type | Investment |
| No. Units | 33 |
| Property Type | Multifamily |
| Property Subtype | Manufactured Housing/Mobile Home |
| Building Class | C |
| Lot Size | 1.35 AC |
| Building Size | 3,252 SF |
| Average Occupancy | 96% |
| No. Stories | 2 |
| Year Built | 1997 |
| Zoning | BI |
AMENITIES
UNIT AMENITIES
- Wheelchair Accessible (Rooms)
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 33 | - | - |
1 1
Walk Score®
Very Walkable (79)
PROPERTY TAXES
| Parcel Number | 56-075-10-0525-000 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $381,542 CAD |
PROPERTY TAXES
Parcel Number
56-075-10-0525-000
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$381,542 CAD
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Old Orchard Mobile Home Park | 35270 Glenwood Rd
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