Colliers Manufactured Housing & RV Group, serving as the exclusive agent for the Owner, presents the offering to acquire the Michigan Outdoor RV Portfolio, a 717-site RV/Campground portfolio located throughout Michigan.
Rifle River - Sterling, MI - 163 Sites
Lake of the North - West Branch, MI - 98 Sites
Grand Haven - Grand Haven, MI - 226 Sites
Wilderness - Omer, MI - 206 Sites
The portfolio features abundant amenities and a myriad of Lake or River frontage and water access at most of the resorts.
This provides the opportunity for a buyer to purchase non-stabilized properties at a price well-below replacement cost and stabilize the portfolio at a high double-digit unlevered yield while maximizing on management efficiencies.
The properties are well located across popular seasonal vacation destinations in Michigan with great weather and picturesque natural scenery.