Colliers Manufactured Housing & RV Group presents the investment opportunity to acquire, Kristana MHC. The 11% occupied, 151-site mobile home community is situated on 14 acres and is located in Lansing, Michigan within 5 miles of the prestigious Michigan State University. The community represent an infill opportunity in a well-occupied market with high rents at an asking price below replacement cost.

Kristana recently had over $230,000 in capital improvements, Including a new lift-station, demolishing of 10 homes, adding new community sign and street signs, and upgraded 20 new HUD approved sites.

Offering Site: https://www.crexi.com/properties/887315/michigan-michigan-mhc-portfolio

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