1723 S Van Dyke Rd Bad Axe, MI 48413
Bad Axe AreaEstimated payment $2,800/month
About This Home
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.
Property Details
Property Type
- Other
Est. Annual Taxes
Lot Details
- 23.45 Acre Lot
- Lot Dimensions are 700 x400
- Zoning described as Commercial
Interior Spaces
- 1,000 Sq Ft Home
Utilities
- Forced Air Heating System
- Heating System Uses Natural Gas
- Well
- Septic Tank
Listing and Financial Details
- Assessor Parcel Number 0602802700
Map
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $680 | $209,400 | $45,700 | $163,700 |
| 2024 | $697 | $197,500 | $45,700 | $151,800 |
| 2023 | $586 | $178,800 | $41,200 | $137,600 |
| 2022 | $645 | $183,100 | $36,600 | $146,500 |
| 2021 | $477 | $154,300 | $27,400 | $126,900 |
| 2020 | $350 | $135,600 | $21,000 | $114,600 |
| 2019 | $362 | $132,400 | $21,000 | $111,400 |
| 2018 | $311 | $123,800 | $21,000 | $102,800 |
| 2017 | $336 | $125,500 | $21,000 | $104,500 |
| 2016 | $186 | $112,800 | $21,000 | $91,800 |
| 2014 | $138 | $109,700 | $21,000 | $88,700 |
| 2013 | -- | $91,000 | $17,000 | $74,000 |
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 05/25/2026 05/25/26 | For Sale | $375,000 | -- | $375 / Sq Ft |
Source: Realcomp
MLS Number: 20261038882
APN: 06-028-027-00
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
IDX provided courtesy of Realcomp II Ltd. via Ten-X and MLS
Copyright 2026 Realcomp II Ltd. Shareholders
IDX information is provided exclusively for consumers' personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The accuracy of all information, regardless of source, is not guaranteed or warranted. All information should be independently verified.
Listing Information presented by local MLS brokerage: Ten-X, local REALTOR®- Arlene Richardson - (888)-952-6393
- 127 Gratton St
- 285 W Irwin St
- 524 S Port Crescent St
- 872 Huron Crest Dr
- 1700 N Van Dyke Rd
- 2801 Lackie Rd
- 184 S Main St
- 0 Crockard
- 4670 Rescue Rd Unit 2
- 4670 Rescue Rd
- 4670 Rescue Rd
- Vl South Elkton Rd
- VL Elkton Rd
- 2429 W Huron Line Rd
- 35 E Filion Rd
- 4408 N Washington St
- 4812 S Ubly Rd
- 7036 Clabuesch St
- 7197 Hartley St
- 17 James St
Ask me questions while you tour the home.