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(989) 295-4680
(989) 295-4680 Email (989) 295-4680
Jennifer D. Jennings
REALTOR®
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1723 S Van Dyke Road, Colfax Township, Mi 48413

$375,000
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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 www.jdjrealtor.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: 102
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: Jennifer D. Jennings
Agent Phone: (989) 295-4680
Agency Title: Key Realty

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Jennifer D. Jennings
Jennifer D. Jennings Cell: (989) 295-4680 Email: jdj.realtor@gmail.com
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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 12:00:06 AM EST) or MichRic (Michigan Regional Information Center) (last updated Sun 09/06/2026 11:17:32 PM EST) or Metrolist - RECOLORADO by MLSGRID (last updated Sun 09/06/2026 11:34:28 PM EST) or MRED MLS (last updated Sun 09/06/2026 11:57:51 PM EST) or NIRA MLS (last updated Sun 09/06/2026 11:04:46 PM EST) or RealComp MLS (last updated Sun 09/06/2026 11:45:46 PM EST) or Dayton MLS (last updated Sun 09/06/2026 11:46:46 PM EST) or NORIS MLS (last updated Sun 09/06/2026 11:14:22 PM EST) or IRES MLS (last updated Sun 09/06/2026 11:47:04 PM EST) or Colorado Real Estate Network IDX (last updated Sun 09/06/2026 7:04:00 PM EST) or CBRMLS (last updated Sun 09/06/2026 11:59:30 PM EST) or Multiple Listing Service of Greater Cincinnati (last updated Sun 09/06/2026 11:53:25 PM EST) or Terrehaute MLS (last updated Sun 09/06/2026 11:56:20 PM EST) or elevate MLS (last updated Sun 09/06/2026 11:44:57 PM EST) or Stellar MLS (last updated Sun 09/06/2026 11:54:38 PM EST) or NKY MLS (last updated Sun 09/06/2026 11:28:18 PM EST) or Wrist MLS (last updated Sun 09/06/2026 11:24:21 PM EST) or Firelands MLS (last updated Sun 09/06/2026 11:11:31 PM EST) or LCAR MLS (last updated Sun 09/06/2026 10:50:20 AM EST) or West Central MLS (last updated Sun 09/06/2026 9:53:52 PM EST) or Fort Myers (last updated Sun 09/06/2026 11:04:29 PM EST) or Aspen/Glenwood Springs MLS (last updated Sun 09/06/2026 9:34:18 PM EST) or Northern Nevada Regional MLS (last updated Sun 09/06/2026 11:56:47 PM EST) or MLS NOW (last updated Sun 09/06/2026 11:57:29 PM EST) or Northern Great Lakes Association of Realtors (last updated Sun 09/06/2026 11:49:10 PM EST) or Mansfield MLS (last updated Sun 09/06/2026 11:47:23 PM EST) or Metropolitan Indianapolis Board of Realtors (last updated Sun 09/06/2026 11:51:27 PM EST) or Grand Junction MLS (last updated Sun 09/06/2026 11:37:09 PM EST) or Knox County MLS (last updated Sun 09/06/2026 11:08:20 PM EST) or IRMLS (last updated Sun 09/06/2026 11:12:23 PM EST) or Pueblo MLS (last updated Sun 09/06/2026 11:43:42 PM EST) or Upper Peninsula MLS (last updated Sun 09/06/2026 11:10:11 PM EST) or Greater Lansing MLS (last updated Sun 09/06/2026 10:35:17 PM EST) or SEBAR MLS (last updated Sun 09/06/2026 11:39:18 PM EST) or Water Wonderland MLS (last updated Sun 09/06/2026 10:52:49 PM EST) or Eastern Upper Peninsula MLS (last updated Sun 09/06/2026 11:59:52 PM EST) or Scioto Valley MLS (last updated Sun 09/06/2026 10:05:02 PM EST) or Northern Michigan MLS (last updated Sun 09/06/2026 9:33:36 PM EST). Real estate listings held by brokerage firms other than Key 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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