Commercial Land
10406 Pierce Road Stanwood, MI 49346
Details & Description
Price: $6,750,000
    Colliers Manufactured Housing & RV Group is pleased to present the opportunity to acquire the Sunset Shores Cottage Resort, a 80-site, 55+ tenant-owned cottage experience nestled on nearly 34 acres along the southern rim of the larger Canadian Lakes Development, a private residential community, in the lush and scenic Central Michigan.The asking price for the community is $6,750,000 ($84,375/site)The property is perfectly positioned for residents to enjoy a peaceful and charming atmosphere in its beautifully maintained community, located approximately 18 miles southeast of Big Rapids, 57 miles northwest of Grand Rapids, 95 miles northeast of the state capitol, Lansing and 105 miles southeast of Traverse City. Owner has slowly infilled the community with high-end modular homes and site-built garages and the property presents an opportunity for a more aggressive owner to bring in new homes and finish leasing up the community. High-end modular housing community that provides a lower-cost housing option for a mix of permanent and seasonal home owners.
    Property Highlights
     Rent Increases at the community are CPI-based rent increases and are expected to increase over 8% in May 2023.
     Rent Increases at the community are CPI-based rent increases and are expected to increase over 8% in May 2023.
    Additional Photos
    Listing Agents
    Michael Nissley

    O: 561-479-1588
    M: 561-479-1588
    Mike.Nissley@colliers.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    10406 Pierce Road

    Stanwood, MI 49346

    Listing ID: 299581
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    Building Size: 1,475,812 SF
    Lot Size: 33.880 AC
    Land Size: 1,475,812 SF
    Building $/SF: $4.57
    Land $/SF: $4.57
    Price
    $6,750,000
    Property Highlights
    Rent Increases at the community are CPI-based rent increases and are expected to increase over 8% in May 2023.
    Description

    Colliers Manufactured Housing & RV Group is pleased to present the opportunity to acquire the Sunset Shores Cottage Resort, a 80-site, 55+ tenant-owned cottage experience nestled on nearly 34 acres along the southern rim of the larger Canadian Lakes Development, a private residential community, in the lush and scenic Central Michigan.

    The asking price for the community is $6,750,000 ($84,375/site)

    The property is perfectly positioned for residents to enjoy a peaceful and charming atmosphere in its beautifully maintained community, located approximately 18 miles southeast of Big Rapids, 57 miles northwest of Grand Rapids, 95 miles northeast of the state capitol, Lansing and 105 miles southeast of Traverse City. 

    Owner has slowly infilled the community with high-end modular homes and site-built garages and the property presents an opportunity for a more aggressive owner to bring in new homes and finish leasing up the community. High-end modular housing community that provides a lower-cost housing option for a mix of permanent and seasonal home owners.

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    Points of Interest & Demographic Radii

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    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Grand Rapids History of Commercial Land for Sale

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    Stanwood Area Market Trends

    Listing Demographics for 10406 Pierce Road Stanwood, MI 49346

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population2662,8675,760
    Population Median Age524947
    Population by Age0-9 Yrs20 (7%)268 (9%)591 (10%)
    10-19 Yrs31 (11%)315 (10%)650 (11%)
    20-29 Yrs14 (5%)174 (6%)418 (7%)
    30-39 Yrs21 (7%)235 (8%)541 (9%)
    40-49 Yrs24 (9%)251 (8%)489 (8%)
    50-59 Yrs24 (9%)358 (12%)749 (13%)
    60-69 Yrs40 (15%)547 (19%)1061 (18%)
    70+ Yrs92 (34%)719 (25%)1261 (21%)
    Median HH Income$63,963$55,906$54,124
    Total Household Income< 24K17 (15%)234 (18%)507 (21%)
    25-49K22 (19%)302 (24%)578 (24%)
    50-74K31 (27%)299 (23%)555 (23%)
    75-99K12 (10%)152 (12%)304 (12%)
    100-199K24 (21%)222 (17%)390 (16%)
    200K+5 (4%)38 (3%)61 (2%)
    Highest Education LevelNo Diploma12109335
    Diploma or GED627161549
    Some College565811017
    Assoc. Degree13135278
    Bachelors Degree38409705
    Higher Degree26246437
    Total Housing Units1842,1433,894
    --Owner-Occupied1041,1462,146
    --Renter-Occupied8101248
    Owner-Occupied Values< 100K18287633
    100-199K32440824
    200-299K38298487
    300-399K64384
    400-499K73656
    500K+34263
    Total Working Age Population2312,4374,816
    In Work Force849832,036
    Not In Work Force1471,4542,780
    Workforce Employed739091,889
    Workforce Unemployed1174147
    Civlian Workforce849832,036
    Military Workforce000
    Total Households1121,2462,395
    Family Households869151,708
    Non-Family Households25332687
    Married Couple767301,391
    Other Family11184317
    Married w/Child11121278
    Single Male w/Child42845
    Single Female w/Child24678

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Michigan9,938,444-19,883,640+110,023,423+410,424,510
    Mecosta County40,553+642,798+243,585+244,589

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

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    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 10406 Pierce Road in Stanwood?
    The asking price for 10406 Pierce Road is $6,750,000
    How much land does the Stanwood, MI property at 10406 Pierce Road include?
    10406 Pierce Road in Stanwood includes 33.880 acres of land
    What kind of Land is the propery at 10406 Pierce Road?
    The property at 10406 Pierce Road Stanwood, MI 49346 is listed as a Apartment Land Land property
    What is the population within 1 mile of 10406 Pierce Road in Stanwood?
    The population within 1 mile of 10406 Pierce Road Stanwood, MI 49346 is 266 people.
    Who do I contact for questions about 10406 Pierce Road?
    You should contact the listing agent, Michael Nissley, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    MBS International Airport (MBS) 61
    Detroit Metropolitan Wayne County Airport (DTW) 136
    General Mitchell International Airport (MKE) 138