Multifamily V Michigan

RHP Properties buys pair of manufactured housing communities in Detroit market

  

RHP Properties recently acquired two communities in Canton Township, Michigan, bringing the company’s total of manufactured home communities to 225 across the nation.

RHP Properties acquired the 365-site Sherwood Village Manufactured Home Community and the 51-site Glen Ridge community, both all-age communities. This 416-site portfolio is located 20 minutes from downtown Detroit and a 10-minute drive to Metro Airport.

Additionally, the communities are nearby to an IKEA store as well as other big-box retailers including Home Depot, Walmart, Sam’s Club, Target, and Kohl’s.

With these two acquisitions, RHP Properties now owns and operates 225 manufactured home communities totaling more than 56,997 home sites.