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Hospitality

Value-Add Mobile Home Park In Grayling

Grayling, MI, USA
Listed 104 days ago

Value-add mobile home park comprising approximately 65 acres, licensed for 49 sites and offering significant expansion potential. Hartwick Pines Mobile Home Park presents an excellent opportunity to acquire an established park with existing rental income and substantial upside through increasing occupancy and future development. The park is licensed for 49 mobile home lots and accommodates both homeowners and RV sites. There are currently nine occupied lots with long-standing tenants, leaving 40 approved sites available for future occupancy. The property benefits from its own private utility infrastructure and is ideally positioned close to US-75, providing convenient access for residents and visitors alike. Located in the popular Grayling area, the park is surrounded by major recreational attractions including Hartwick Pines State Park, the Au Sable River, multiple lakes and hiking opportunities, making it attractive to both permanent residents and seasonal visitors. The property also benefits from its proximity to a major military installation, supporting long-term accommodation demand. In addition to the approved sites, approximately 50 acres of excess land provide further scope for future expansion or development, subject to the necessary approvals. A separately negotiable phone tower lease provides additional investment flexibility. This is an excellent opportunity for investors or operators seeking an established mobile home park with immediate income and exceptional long-term growth potential. Enquire today to receive further information about this mobile home park investment. Investment Highlights Licensed for 49 mobile home lots Nine long-standing tenants in place Private utility infrastructure Approximately 40 approved sites available for occupancy Approximately 65 acres with significant expansion potential Suitable for both mobile homes and RV sites Close to US-75 with convenient access Less than two miles from state parks, lakes and the town of Grayling Approximately 15 minutes from Gaylord Located near a major military installation Phone tower lease separately negotiable

Real Estate

Real Property Included

Planning Consent

Licensed Mobile Home Park with 49 Approved Lots.

Premises Details

65 Acres Mobile Home Park - Approximately 65-acre mobile home park licensed for 49 sites with private utility infrastructure. The park currently accommodates mobile homes and RV sites and includes substantial undeveloped land for future expansion.

Expansion Potential

Significant value-add opportunity through increasing occupancy from the current nine occupied sites to the licensed capacity of 49 sites. Approximately 50 acres of additional land provide further expansion potential, subject to the necessary approvals.

Competition / Market

The park benefits from its proximity to popular tourist attractions, outdoor recreation, major transport links and a nearby military installation, supporting ongoing accommodation demand.

Financials

Asking Price
$995K
RevenueMost Recent Year
Undisclosed
EarningsLast Reported
Undisclosed
Assets Value
Undisclosed
Seller Financing
Not available

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