July 2023 – ELYA Holdings acquired Circle Drive Manufactured Housing Community, a 50-site community in Big Rapids, MI
Circle Drive is an attractive infill opportunity that further strengthens the quality of our portfolio in Michigan. The community is in a market where we recently completed another infill. We expect to leverage our existing management and home setting and selling capabilities in Big Rapids to fill the park to 100% occupancy in 2 years. We now manage 20 communities with 1,300 lots in 6 states and are looking for more acquisitions.