Investment Overview

Marcus & Millichap is pleased to present The Woods at Crystal Lake. This forty-seven site community spans over 4.49 acres and is situated less than a quarter mile from Crystal Lake. The community setting provides ample exposure along M-115 situated less than a half mile from downtown Benzonia. The property is surrounded by peaceful residential and wooded neighborhoods with median home prices of eclipsing near $300,000 dollars. The Woods consists of thirty-eight tenant-owned homes, eight community-owned homes, and one vacant lot currently used for parking. The current home inventory consists of majority new 2022-2025 Champion homes yielding little to no maintenance costs traditionally associated with older inventory. Ownership has spent a substantial amount of capital on site preparation, electrical upgrades, and new leads and risers on all the infill homes. Utilities are all public and separately metered with all payment obligations being passed to tenants. This includes water and sewer reimbursement with new meters through-out the entire community. The Woods provides a clean, quiet place to call home in the heart of a picturesque and growing area of northwest Michigan. We invite you today to look at this unique, well-cared for community!