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Investment Highlights

  • 60 homes acquired in one transaction — immediate institutional scale that would take years to assemble one house at a time.
  • 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
  • Geographically clustered across the City of Flint and adjacent communities, enabling a single management and maintenance platform to service the entir
  • Below-market in-place rents across much of the portfolio create a clear path to mark rents to market as leases roll.

Executive Summary

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.

Property Facts

Price $3,831,602 CAD
Price / SF $5,213 CAD / SF
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 735 SF
Total Land Area 0.10 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
3422 Brent Ave, Flint, MI 48506 Specialty 735 SF 1955 -
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  • Listing ID: 41637054

  • Date on Market: 2026-08-10

  • Last Updated:

  • Address: Genesee County Scattered Site Portfolio, Flint, MI

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