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1723 S Van Dyke Road, Colfax Township, Mi 48413

$375,000
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  • 1723 S Van Dyke Road, Colfax Township, Mi 48413 Main Photo

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SQUARE FEET1,000 MLS#20261038882
STATUSActive PROPERTY TYPECommercial - Business SCHOOLBadAxe
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Property Description

Bad Axe 27 mobile homes total, including the site manager's home.$300,000 Below Appraised Value |27-Unit Residential Income Portfolio | Offered at $375.000, This stabilized residential income portfolio comprises 27 single-mobile home residences on 23 AC properties. Running at 80% occupancy under continuous professional management, the portfolio generates $4000 in gross monthly rents - $4800 annually. At a standard 30% expense ratio, estimated NOI lands at approximately $30000, placing this offering at an 8.0% cap rate on the ask price not including the vacancy. To put that in perspective: you're buying a sub-9-cap asset for a 10-cap price.

1723 S Van Dyke Road | MLS# 20261038882

This commercial property located at 1723 S Van Dyke Road, Colfax Township, Mi 48413 is currently listed for sale with an asking price of $375,000. S Van Dyke Road is located within the BadAxe school district. Search Colfax Township real estate on noake.griffithrealty.com today.

Property Features

Property Type: Commercial - Business
Heating: Forced Air, Natural Gas
Lot Size: 23.45 Acres
Stories: 1.0
Taxes: $8,918
Year Built: 9999

Feature Descriptions

Days on Site: 101
Lot Dimensions: 700 x400
Parcel#: 0602802700
Sewer: Septic Tank
Summer Tax: 1931
Water: Well
Winter Tax: 6987.47

Local Schools

School District: BadAxe

Listed By / Shown By

Listed By

Agency Name: Real Estate One-Troy
Agency Phone: 2488134900

Shown By

Agent Name: Nathan Oake
Agent Phone: (734) 845-0680
Agency Title: Griffith Realty

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Nathan Oake, ePRO, MBA
Nathan Oake
ePRO, MBA
(734) 845-0680
Contact Me
502 W. Grand River
Brighton, MI 48116
(810) 227-1016
Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 09/07/2026. The listing information on this page last changed on 09/07/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Mon 09/07/2026 5:36:13 AM EST) or RealComp MLS (last updated Mon 09/07/2026 12:45:36 AM EST). Real estate listings held by brokerage firms other than Griffith Realty may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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