Entrepreneural & Philentropic
The objective is to make a positive difference in peoples lives in both endevours.
Cadillac Real Estate
Commercial & Residential
Cobbs & Mitchell Building
National Historic Building- Revitialization
The building sat vacant for over 10 years and was falling into disrepair. Purchased in December 2016, completely remodeled following the National Historic Preservation Guidelines. It won the 2019 Governor's Award for Historic Preservation.
Old City Hall- Office Building
Old City Hall was Purchased November 2017. It had been remodeled in the 1980's and needed a complete update which has been completed.
This building has been a cornerstone to the City for over 100 years. THe Rock Band "Kiss" took their picture in front of the fire barn doors. Gordie Howe the Hockey ledgend was partners of the investment group that sold it to Munger Ventures.
Self-Storage & Seasonal Storage
In 2022 we added self-storage to the portfolio of properties.
- 131 Climate-Controlled Units
- 48 drive-up units
- 10,000 SQ. FT of corporate and seasonal self storage
North Mitchell Office Buildings
919 & 929 N. Michell Street
Before & After
301 Kentucky Avenue-MEDC
Future Project
Michigan Economic Development Corporation- Award $542,117
-This project was originally approved for 70 units
- Due to construction cost and interest rates the project is being reworked to fit the current market rate economics
Mark Lane- Townhomes
Construction to Start early Summer 2025
Two-unit townhomes with one garage stall per unit.
Example Exterior Rendering-This will change.
-Stainless steel appliances
-modern painted kitchen and bathroom cabinets.-Approximately 820 SQ FT.
201 South Street revitalization Project Late Spring 2025
For at least 17 years this building has sat empty and neglected.Close to Lake Cadillac, the City Library, park, new bike trail head, and local stores.It was a diamond in the rough that just needs to be polished.
Potential
This is an initial rendering of what is planned.
August 2025 Completion Goal.
Pearl Street- Future Project- Tentative Self-Storage
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Recent Past Projects in Cadillac
These are two projects started/developed and sold.
Cadillac Lofts-Oleson Block
Sold prior to development
Originally set to be purchased from the Olson Family. The initial due diligence work was completed and two tenants identified with Letter of Intents by Munger Ventures. MEDC requested that the project to be used for Market Rate Apartments. MEDC suggested use was a better option to help the revitalization and was going to be a partnership agreement with the current developer. After further analysis this project didn't fit Munger Ventures future investment goals. The option was sold to the current developer.
412 N. Mitchell
Revitalization Project with MEDC
This property was purchased at the State tax sale. The original goal was to tear the building down because it had become condemned and an eye soar to the community. Once it was determined that the core structure was in good shape another plan emerged to do a extreme makeover.After two tenants leased in the beverage industry it was determined that it didn't fit into Munger Ventures long term investment goals. The building was sold with Munger Ventures providing seller financing.
Recent Past Project-Alba, Michigan
Charter School Building Purchase during COVID.
Purchased Lease Back & Eventual Sale to North Central Academy
Big Rapids Apartment Project
This project fit Munger Ventures investing strategy. But the timing didn't fit because of other ongoing projects. The project was referred to a venture group which became the lead investor and Munger Ventures has a minority stake in the project.
2000+/-
Number of Residential Lots developed since 1997.
500+/-
Current number of tenants and clients
158+/-
Residential Units in process of being developed.
Newsletter
Monthly Updates on projects
Exodus Place-Non-Profit
Passion Project- Founded July 2nd, 2009, Robb Munger and four homeless men decided to make a big difference in the City of Grand Rapids.
140 Beds & 38,000 SQ. FTNow the largest men's transitional facility in Michigan.
We cure homelessness...
- It's not just about providing a bed and a meal.
- Create a safe community and culture that encourages people to heal and grow.
-Provide Global Services
-Case Management
- Workforce Training
- Medical Care & Assistance
- Mental Health
- Addiction Recovery
- Future Housing placement
- Job Assistance
- Spiritual Connection