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$395,000 for Sale

2364 n parma, parma, MI 49269

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Property Description
Investment opportunity featuring a small, fully occupied mobile home park with stable cash flow. The property includes three separate parcels totaling approximately 9 acres, with five mobile homes on site. The seller owns four of the homes and receives lot rent from the fifth. Current gross annual income is approximately $54,540, with estimated annual operating expenses of $20,000 for taxes, insurance, maintenance, and repairs. The homes are approximately 30-40 years old, have been rebuilt or updated, and are in average to good condition with no known major deferred maintenance. Owner-paid utilities apply to the duplex units. The property is supported by three wells and four septic systems and offers convenient access to the highway and the Village of Parma. Additional vacant acreage may provide potential for future home sites or other uses, subject to municipal and zoning approval. Seller prefers owner financing through a land contract, with terms subject to negotiation and approval
General Information
Sale Price: $395,000
Price/SqFt: $109
Status: Active
MLS#: 70545913
City: parma twp
Post Office: parma
Schools: western school district
County: Jackson
Acres: 9
Lot Dim: 425x299x390x954x269x916x2
Bedrooms:
Bathrooms:
Size: 3,620 sq.ft.
Acreage: 9 est.
Year Built: 1970
Features & Room Sizes
Basement:  No
Cooling:  None
Heating:  Forced Air
Tax, Fees & Legal


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All information provided is deemed reliable but is not guaranteed and should be independently verified. Participants are required to indicate on their websites that the information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing By: LAURA SCHLECTE of THINKING REAL ESTATE

This listing last updated: Tue, July 21, 2026 at 7:06:37 AM EDT

MIRealSource Listing Data Last Updated On Monday, August 24 2026 at 11:15am
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Listings presented by:
LAURA SCHLECTE
THINKING REAL ESTATE
Call: (734) 660-4260

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