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5201 N Dort Hiwy Map / directions

Flint, MI

48505 Market info

  • 24 Units
  • 24,500 SqFt
  • MLS# 219021625
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46 Site Mobile Home Park with Significant Upside All Park Owned homes 2.55 Acre Site 2.56 Acres Excess Land for Future Development. Market Lot Rents Upside with Vacant Lots and Existing Homes City Sewer & Water Flint is a dense and diverse community with a solid base of population in the manufacturing industry and is the largest city and seat of Genesee County. The property is truly a forgotten remnant surrounded an established market. The location is centralized and accessible to multiple highways and just north of downtown Flint. The opportunity stems from the low occupancy and previous lack of investment. Proper management and improvements will increase the occupancy and can position the average lot rent closer to market. The financial scenario indicates a significant return with conservative projections on growth. Minimal investment is required to reengage the project with multiple additional possible improvements to increase value and revenue.

Property Information

Status
Active 
Address
5201 N Dort Hiwy 
City
Flint 
Zip
48505 
Year Built
1960 
Style
Other 
Possession
Closing 
Architecture
1 Story 
Listing Date
03/13/2019 
County
Genesee 
Above Grade SqFt
24,500 
Total No of Units
24 

School Information

School District
Flint 

Taxes

Summer Taxes
$5,478 
Winter Taxes
$436 

Rooms and Land

Lot Dimensions
IRREGULAR 
Total Acres
2.55 

Features

Style
Other 
Heating
Forced Air, LP Gas 

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Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-304-6700

Contact Customer Care

Mon-Fri 9am-9pm Sat/Sun 9am-7pm

248-208-3883

Listing Broker

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Listing Courtesy of Gri Homes For Today
Office Address 44725 Grand River Ave Ste 102

Real Estate One Family of Companies

5201 N Dort Hiwy Flint
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$550,000
For Sale • No. of Units: 24