WALKER & DUNLOP INVESTMENT SALES, LLC’S MIDWEST INVESTMENT SALES TEAM, AS EXCLUSIVE ADVISOR, IS PLEASED TO PRESENT REGENCY TOWNHOMES, A 48-UNIT TOWNHOME COMMUNITY IN MUSKEGON, MI This exciting opportunity in Muskegon, Mi allows new ownership to own one of the newest assets in a quickly growing submarket within Grand Rapids. Built in two phases between 2011 & 2020, The Regency offers spacious 2- & 3-bedroom units with open concept layouts, attached garages, direct entry, individual addresses and floor plans that are 12-17% larger than the competitive set. Each unit has its own in-unit washer and dryer and patio. The property has consistently held high occupancy as it offers a truly incomparable living option for renters in the Muskegon market. In-Place Rents have organically grown over 20% since 2023, yet rents still sit well below the comps, making this an excellent Core-Plus/Light Value Add opportunity for new ownership. Muskegon is a beautiful lakeshore town sitting along the ‘Gold Coast’ of Lake Michigan. Over the last 5 years, over $1.5 Billion has been invested in the local economy with the addition of a new convention center, professional sports arena, restaurants and nightlife and a thriving shopping district in downtown Muskegon, just five minutes from the property. Muskegon continues to grow as there are over $1 Billion of additional projects underway, which poises the area for future growth, making The Regency an excellent investment opportunity.