Investment Overview

Marcus & Millichap is pleased to present the exclusive opportunity to acquire Robbins Mobile Village, a 129-site manufactured housing community located in Waterford, Michigan, within the Detroit MSA. Positioned in affluent Oakland County, the community benefits from proximity to one of the Midwest’s strongest employment bases, with convenient access to major employers, regional retail, and key transportation corridors. Robbins Mobile Village presents an attractive opportunity to acquire a well-located community with multiple value-add opportunities. The property features municipally serviced, sub-metered water and sewer utilities, only 10 park owned homes of which half are vacant and available for immediate lease-up, and significant upside through the lease-up of 29 vacant lots. Additionally, current lot rents remain approximately 20 percent below competing communities, providing the opportunity for measured rent growth while maintaining a meaningful affordability advantage over traditional housing options. Supported by strong market fundamentals and sustained demand for affordable housing, the community is well positioned for long-term operational growth.