Wellington Estates Mobile Home Community

Category
Current Portfolio
About This Project

Location: 1527 W. State St Belding, MI

Description:

  • 40 Acre mobile home park, 150 spaces

Purchased in 2015:

  • $1.4 million

Current Performance:

  • Yearly net cash flow of $170.417 after debt service.
  • 48.6% cash on cash return.
  • 100 sites currently occupied.