We are pleased to present the exclusive offering of the Genesee County Scattered-Site Residential Portfolio — a collection of approximately
60 single-family rental homes concentrated in the City of Flint and surrounding Genesee County communities. Offered at $2,750,000, or
roughly $41,045 per home, the portfolio represents a rare opportunity to acquire institutional scale in a single, scattered-site transaction at a
basis well below replacement cost.
The portfolio is held across six ownership entities (1104 Houses LLC, 1105 Houses LLC, 1106 Houses LLC, Court Street Inc, TDM Inc, and
Mas-Tan Inc) and is being offered free and clear through a court-appointed receiver, providing a clean, motivated, and clearly defined
disposition process. The homes are clustered within a compact geographic footprint, allowing a single property management platform to
operate the entire portfolio efficiently.
Acquired at this basis, the portfolio offers a value-add investor durable, affordable workforce housing in a market where rents have risen
sharply — Flint rents increased roughly 11.8% year-over-year through mid-2026 — yet remain about half the national median, leaving
meaningful room to push in place rents toward market and grow both cash flow and value.