MULTIPLE MHC PORTFOLIO'S | 13 MHC | 1,225 SITES
MICHIGAN, OHIO, PENNSYLVANIA, WEST VIRGINIA
Marcus & Millichap is pleased to present the opportunity to acquire a manufactured housing community portfolio located throughout the Pittsburgh, PA MSA, NW Ohio, Saginaw, MI, and Charleston, West Virginia. The portfolio contains a total of 1,225 total sites, it's only 71% occupied and most are below market rents. We are offering this as one large portfolio or a sub-portfolio sale. The sub-portfolios are broken down as follows:
PITT MSA (7 MHC) + Charleston, WV (1 MHC): 737 Sites | $30,285,000
Saginaw, MI: 309 sites | $13,320,000
Western Ohio (3MHC): 179 Sites | $4,910,000
Should you be interested in receiving more information on this opportunity, please sign and return the attached Confidentiality Agreement. Once we receive this, we will be able to provide you with the Offering Memorandum and all due diligence items provided by the seller thus far.
It is our intention to collect all offers by 5PM EST on Wednesday, September 14th.
Broker of Record - Pennsylvania
Broker of Record - West Virginia
Broker of Record - Ohio
Broker of Record - Michigan