Marcus & Millichap is please to present a 115 Site MHC located in Adrian, MI known as Kings Court Mobile Home Park. Kings Court is currently 20 percent occupied as the owner has been absentee since they took over management, as this was a part of a larger portfolio. Over the past 18 months, occupancy has only fluctuated by only 2 percent. The community is on public water and sewer that is sub-metered. There are seven occupied POH and 20 vacant POH that will be a part of the sale that may be priced seperately (See Park Owned Home Inventory page).

In 2004-2005, the city forced the seller to separate the sewer/storm lines. At that point the seller had to pull up all of the roads, replaced all of the sewer and storm lines, but never repaved the roads once the utility line project was complete as the recession came. In 1998, the previous owner had replaced all of the water lines.

Kings Court is being marketed as Unpriced, and offers will be reviewed as they are submitted.