Property Overview • Total Licensed Lots: 29 o 26 mobile homes o 1 apartment/cottage unit o 1 triplex (+ 1 office building not currently rented) • Occupancy: 25 paying tenants • Home Ownership: 2 Park-Owned Homes (POH), balance Tenant-Owned Homes (TOH) • Vacancies: 4 vacant mobile homes / 1 vacant triplex unit • Lot Rent: $450–$550/month (no utilities included) • On-Site Manager: Resides in Lot 15 (receives free lot rent) ?? Utilities • City Water & Sewer: Master metered and billed back via RUBS • Utility Charges: o $35/month single occupant o $60/month multiple occupants • Recapture Rate: 75–80% ?? Financial Highlights • Gross Monthly Income: ~$12,565 (includes utility bill-backs) • Lot Rent Range: $450 - $550/month (no utilities included) • Asking Price: $1,050,000 ?? Market & Economic Highlights • ?? Strategic Location: Westland, MI – part of Metro Detroit, a major industrial and tech hub • ?? Major Employers: Ford Motor Co, Stellantis, General Motors, American Axle, Amazon Fulfillment, and Beaumont Health