Marcus & Millichap is pleased to present an opportunity to acquire a high end manufactured housing community located in Michigan. North Branch Meadows consists of 132 total sites with public water and sewer and the utilities are sub-metered. The property offers spacious sites that can accommodate large and luxurious multi-sectional homes spread across a total of 27.2 acres.

North Branch Meadows located at 6800 Lydia Boulevard, North Branch, MI has an average rent of $275.00 per month. With a 48 percent occupancy rate, a new investor can benefit from the ability to continue filling lots with modern sized homes. Tenants have the opportunity to enjoy a basketball court and picnic area. North Branch Meadows provides its tenants with an ideal location near major highways and shopping centers.

Potential Buyers should review the ‘North Branch Consent Judgement.pdf’ that is located on the box.com due diligence link supplied by the Agent. As of late, the seller has begun a program to sell his mortgages to Triad in an effort to work around said Consent which has been successful thus far.