$600,000

28730 Grand River Ave Farmington Hills, MI 48336

Estimated payment $3,911/month

Total Views 14,568
22 Beds
22 Baths
480 Sq Ft
$1,250 Price per Sq Ft

Highlights

  • 1.12 Acre Lot
  • 1-Story Property
  • Forced Air Heating System

About This Home

Rare investment opportunity in Farmington Hills—presenting a 22-unit mobile home park situated in a highly desirable, well-connected area. This property offers consistent cash flow, strong occupancy, and the kind of long-term stability investors are looking for.

Zoned and operating as a mobile home community, this park features well-kept grounds, utility hookups, and easy access to shopping, dining, and major highways—making it attractive to both tenants and investors alike.

With demand for affordable housing on the rise, this is your chance to own a turn-key investment in one of Metro Detroit’s most sought-after suburbs. Don’t miss out on this high-potential asset with room to grow.

Listing Agent

Ninos Souresho

Keller Williams Lakeside License #6501419822 Listed on: 04/09/2025

Keller Williams Lakeside

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

Lot Details

  • 1.12 Acre Lot
  • Lot Dimensions are 166x42x240x168x230

Home Design

  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 22 Full Bathrooms
  • 480 Sq Ft Home
  • 1-Story Property

Utilities

  • Forced Air Heating System
  • Heating System Uses Natural Gas

Listing and Financial Details

  • Assessor Parcel Number 2336328046

Community Details

Overview

  • 22 Units
  • Richland Gardens Sub Subdivision

Pet Policy

  • Pets Allowed

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,008

Lot Details

0

Listing Details

  • Property Type: Multifamily
  • Architecture Level: 1 Story
  • Year Built: 9999
  • State Equalized Value: 139740.0000
  • Pets Allowed: Yes
  • Special Features: None
  • Property Sub Type: MultiFamily
  • Stories: 1

Interior Features

  • Total Bathrooms: 22.00
  • Full Bathrooms: 22
  • Sq Ft Combined: 480
  • Total Sq Ft: 480

Exterior Features

  • Foundation Details: Slab
  • Construction Materials: Brick
  • Frontage Feet: 166
  • Road Frontage Type: Paved

Utilities

  • Heating Fuel: Natural Gas
  • Heating: Forced Air
  • Sewer: Public Sewer (Sewer-Sanitary)
  • Water Source: Public (Municipal)

Schools

  • School District: Clarenceville

Lot Info

  • Lot Size Area: 1.12
  • Lot Dimensions: 166X42X240X168X230
  • Parcel Number: 2336328046
  • Zoning: Commercial
  • Percent Homestead Exempt: Yes

Rental Info

  • Deposit Amount: 200000.00
  • Monthly Rental Income: 495

Tax Info

  • Tax Amount Summer: 7696.0000
  • Tax Amount Winter: 312.0000
  • Total Tax: 8008.0000
  • Taxable Value: 138780.0000

Multi Family

  • Gross Scheduled Income: 59400.00
  • Number Of Units Total: 22
  • Number of One Bedroom Units: 22
  • Number Of Units Leased: 10

MLS Schools

  • School District: Clarenceville

Map

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

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
2024 $7,696 $139,740 $97,290 $42,450
2022 $7,353 $135,080 $97,290 $37,790
2021 $7,134 $134,300 $97,290 $37,010
2020 $7,697 $136,540 $97,290 $39,250
2018 $6,187 $110,530 $0 $0
2015 -- $111,940 $0 $0
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/09/2025 04/09/25 For Sale $600,000 -- $1,250 / Sq Ft
Source: Realcomp

Purchase History

Date Type Sale Price Title Company
Contract Of Sale -- None Listed On Document
Quit Claim Deed -- None Available
Warranty Deed $300,000 Reputation First Title Agenc
Deed $210,000 --
Source: Public Records

Source: Realcomp

MLS Number: 20250024111

Realcomp

APN: 23-36-328-046