Marcus & Millichap negotiated the sale of Circle Drive Mobile Home Park, a 50-space manufactured homes community in Big Rapids, Michigan.
Senior Managing Director of Investments Ryan Engle, Senior Vice President of Investments Andrean Angelov and Senior Associate Brad Kreppel, all investment specialists in Marcus & Millichap’s Chicago Oak Brook office, had the exclusive listing to market the property on behalf of the seller, a private investor.
The buyer, a private investor, was secured and represented by Engle, Angelov and Kreppel. Steve Chaben, Broker of Record of Michigan, assisted in closing this transaction.
Circle Drive Mobile Home Park is located at 12380 185th Ave. in Big Rapids. The property is in southwest Michigan near Ferris State University. The property has convenient access to Route 131 and Route 20 and is surrounded by numerous local and national retail and dining outlets. The property is 30 total acres.