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Bel Air Estates

MUSKEGON | MICHIGAN

08_2481_W_Sherman_Blvd_Norton_Shores_MI_49441_USA-Exterior-DSC00019
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  • 116 Sites | 100% Manufactured Housing – No RV or apartment units.

  • Value-Add Lease-Up Potential – Current occupancy at 72% offers immediate growth opportunity pending approval of additional parking.

  • Attractive Pricing – $37,448 per site; 7.84% cap rate on real estate.

  • Utility Cost Recovery – Public water/sewer sub-metered; trash billed back to residents.

  • Diverse, All-Age Community – Expands potential tenant base and long-term demand stability.

  • Strong Location in Muskegon, MI – Positioned in a market with steady rental demand and proximity to Lake Michigan amenities.

Listed By:

Jonathon McClellan

(216) 264-2023

Jonathon.McClellan@marcusmillichap.com

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Kyle Baskin

(216) 264-2059

Kyle.Baskin@marcusmillichap.com

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Connor Outcalt

(216) 264-2029

Connor.Outcalt@marcusmillichap.com

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Michael DiCillo

(216) 264-2034

Michael.DiCillo@marcusmillichap.com

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Paul Kerber

Broker of Record

Two Towne Square, Ste. 450

Southfield, MI 48076

P: (248) 415-2600

Lic #: 6506027275

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