Triad Real Estate Partners Arranges Sale of 151-Bed Community Near Ferris State University 

by Katie Sloan

Big Rapids, Mich. — Triad Real Estate Partners has arranged the sale of Tioga Park, a 151-bed student housing community located near the Ferris State University campus in Big Rapids. Developed in 2006, the property offers 44 units in two-, three-, four- and five-bedroom configurations. Each unit offers bed-to-bath parity. The property was fully leased at the time sale. Three Nails Capital acquired the community for an undisclosed price and plans to begin significant renovations imminently. The seller was an unnamed local partnership. Shared amenities at the community include a fitness center, sand volleyball court and covered parking. 

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