Genesee County Scattered Site Portfolio Specialty FOR SALE


$2,750,000 USD
517-487-9222
, Flint, MI for Sale
$2,750,000 USD
Specialty - FOR SALE
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Genesee County Scattered Site Portfolio
Flint, MI
Northeast Flint/Genesee


HIGHLIGHTS

  • 60 homes acquired in one transaction — immediate institutional scale that would take years to assemble one house at a time.
  • Geographically clustered across the City of Flint and adjacent communities, enabling a single management and maintenance platform to service the entir
  • Attractive basis of roughly $41,045 per home — well below the cost to build or buy comparable homes individually, and below the per-door pricing of co
  • Below-market in-place rents across much of the portfolio create a clear path to mark rents to market as leases roll.

OVERVIEW

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.

ASK ABOUT THIS PROPERTY

Dave RobinsonNAI Mid-MichiganMore Info
517-487-9222

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Dave RobinsonNAI Mid-MichiganMore Info
517-487-9222

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.