Michigan's Adventure Amusement Park Sold in $331 Million Deal

Six Flags sells the park to real estate firm EPR Properties, which will lease operations to Enchanted Parks.

Mar. 11, 2026 at 11:50am

Six Flags has announced the sale of Michigan's Adventure amusement park in Muskegon County, Michigan, as part of a $331 million deal involving seven parks across North America. The buyer, EPR Properties, is a real estate investment firm that will lease the park's operations to a company called Enchanted Parks under a long-term agreement.

Why it matters

The sale of Michigan's Adventure is part of a broader restructuring effort by Six Flags following its merger with Cedar Fair in 2024, creating an $8 billion amusement park conglomerate. While the new ownership structure may raise some questions, park officials have assured guests that operations will continue as normal for the 2026 season.

The details

Under the deal, EPR Properties will own Michigan's Adventure and six other parks, but Enchanted Parks will handle the day-to-day operations through a long-term lease agreement. This arrangement means visitors to Michigan's Adventure should not see major changes for the 2026 season, as season passes will still be honored, the park will run its normal schedule, and employees will continue to be hired as usual.

  • Six Flags announced the $331 million multi-park sale on March 11, 2026.
  • The deal is expected to close in the summer of 2026, before the start of the peak season.

The players

Six Flags

A major amusement park company that owns and operates multiple theme parks across North America, including Michigan's Adventure.

EPR Properties

A real estate investment firm that specializes in entertainment venues and will be purchasing Michigan's Adventure and six other parks from Six Flags.

Enchanted Parks

A company that will be leasing and operating Michigan's Adventure and the other parks acquired by EPR Properties under a long-term agreement.

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What’s next

The sale is expected to close in the summer of 2026, before the start of Michigan's Adventure's peak season. Park officials have assured guests that operations will continue as normal for the 2026 season under the new ownership structure.

The takeaway

The sale of Michigan's Adventure is part of a broader restructuring effort by Six Flags following its merger with Cedar Fair, as the combined $8 billion amusement park company looks to optimize its portfolio. While the new ownership structure may raise some questions, the park's operations are expected to continue uninterrupted for the 2026 season and beyond.