512-637-1219
765 S River Rd, Bay City, MI for Sale
Manufactured Housing/Mobile Housing - FOR SALE
1/10
null | Request Cap Rate

765 S River Rd
Bay City, MI 48708


HIGHLIGHTS

  • Located in Bay City’s Great Lakes Bay Region with access to I-75 and US-10
  • 197-site all-age community with public utilities and on-site management
  • 47 of 63 homes built in 2020; 54 currently occupied
  • 41% economic occupancy with strong lease-up momentum
  • Near major employers and Saginaw Valley State University
  • Clubhouse, paved roads, and off-street parking enhance resident experience

OVERVIEW

Riverview Estates MHC offers a rare opportunity to acquire a 197-site all-age manufactured housing community in the heart of Michigan’s Great Lakes Bay Region. Situated on 25 acres in Bay City, this asset is serviced by public utilities and features paved roads, off-street parking, a clubhouse, and on-site management. With only 41% economic occupancy as of March 2025, the property presents a significant value-add opportunity. Increasing occupancy by just 10% could generate over $100,000 in additional annual rental revenue.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

197

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Riverview Mobile Home Estates

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Manufactured Housing/Mobile Housing

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

25 AC

LAND SF

1,089,000 SF

ZONING

-

APN/PARCEL ID

09-130-009-100-010-00

ASK ABOUT THIS PROPERTY

Andrew ShihARA NewmarkMore Info
512-637-1219

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Andrew ShihARA NewmarkMore Info
512-637-1219

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.