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.
Positioned along the highly visible M-53 (Van Dyke Rd) corridor, this 13,000+ SF two-story commercial facility offers a rare opportunity in the Bad Axe market. With 35' ceiling height, steel beam construction, and 65+ parking spaces, this property was built for scale and functionality. The layout includes multiple private offices, a large conference/meeting space, and staff kitchen area, making it ideal for medical, professional, institutional, or multi-tenant use. Fully handicap accessible and designed for high-capacity occupancy, the building supports immediate use or repositioning. Located just outside Bad Axe which is the primary commercial hub of Huron County, this property benefits from strong daily traffic counts, excellent visibility, and access to a broad regional customer base. Key Highlights: • 13,000+ SF commercial building, 35' ceiling height (rare for the area), Steel beam construction, 65+ parking spaces, High-visibility M-53 frontage, Flexible layout for multiple uses. Opportunities of this size and presence in the Thumb region are limited. Ideal for owner-users, investors, or redevelopment. Recently was a non-profit, 2 handicap accessible bathrooms as well as the locker rooms with showers. Many possibilities on this property.
Bad Axe is located in Michigan. Bad Axe, Michigan has a population of 3,046. Bad Axe is less family-centric than the surrounding county with 19.15% of the households containing married families with children. The county average for households married with children is 22.65%.
The median household income in Bad Axe, Michigan is $44,375. The median household income for the surrounding county is $51,924 compared to the national median of $69,021. The median age of people living in Bad Axe is 45.3 years.
The average high temperature in July is 80 degrees, with an average low temperature in January of 13.7 degrees. The average rainfall is approximately 33.2 inches per year, with 43.8 inches of snow per year.
