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Grand View MHC & Summit View MHC 2 Multifamily Properties Offered at $151,595,397 CAD in Cedar Rapids, IA
Executive Summary
Cushman and Wakefield Iowa Commercial Advisors Exclusively Offers:
Grand View & Summit View MHC in Cedar Rapids, IA offer a rare opportunity to acquire a 936-site, institutional-quality manufactured housing portfolio with strong in-place stability and long-term upside. The portfolio features attractive average lot rents with room for growth and includes a 56-site expansion opportunity at Grand View. This turnkey investment is enhanced by a fully integrated operating platform with in-house home sales, financing, insurance, and service, creating diversified revenue streams and operational efficiency. Ideally located near major highways in a strong employment corridor, the asset offers immediate scale, proven operations, and long-term growth potential in the Midwest manufactured housing sector.
Please click link in Marketing Brochure for confidentiality agreement and financials
Grand View & Summit View MHC in Cedar Rapids, IA offer a rare opportunity to acquire a 936-site, institutional-quality manufactured housing portfolio with strong in-place stability and long-term upside. The portfolio features attractive average lot rents with room for growth and includes a 56-site expansion opportunity at Grand View. This turnkey investment is enhanced by a fully integrated operating platform with in-house home sales, financing, insurance, and service, creating diversified revenue streams and operational efficiency. Ideally located near major highways in a strong employment corridor, the asset offers immediate scale, proven operations, and long-term growth potential in the Midwest manufactured housing sector.
Please click link in Marketing Brochure for confidentiality agreement and financials
Property Facts
| Price | $151,595,397 CAD | Number of Properties | 2 |
| Price / SF | $202.45 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 748,800 SF |
| Status | Active | Total Land Area | 207.28 AC |
| Price | $151,595,397 CAD |
| Price / SF | $202.45 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 748,800 SF |
| Total Land Area | 207.28 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5410 Wabash St SW, Cedar Rapids, IA 52404 | Multifamily | 380,800 SF | 1996 | - |
| 100 Hames St SW, Cedar Rapids, IA 52404 | Multifamily | 368,000 SF | 1990 | - |
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Grand View MHC & Summit View MHC
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