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Mobile Home Park

7 MHC Portfolio

305 Mohegan Park Rd, Norwich, CT 06360

Listing Price: $18,230,000

Cap Rate
5.50%
Number of Spaces
359
Lot Size
103.00 acres
Occupancy
76.0%
Price/Space
$50,780
Spaces/Acre
3.49
Year Built
1980

Investment Overview

Connecticut's market is characterized by rigorous zoning and land scarcity, establishing a formidable barrier to entry. This environment not only secures your investment against influx and competition but also promises appreciating value and consistent yields, positioning your venture in a niche market with sustained demand.- Positioned in an affluent area, with median housing values at $271,432 within a 15-mile radius surpassing the national median, these communities offer an attractive proposition for both current and prospective residents, ensuring sustained demand and profitability.

Investment Highlights

  • This Exclusive Opportunity Presents the Acquisition of Seven Strategically Positioned Manufactured Housing Communities, all within Close Proximity for Unparalleled Convenience and Operational Synergy.
  • Boasting a High Occupancy Rate of 76 Percent, These Communities are Proven Performers, Offering Immediate Cash Flow and Long-Term Value Appreciation Potential.
  • Benefit from Streamlined Operations Thanks to the Consolidated Location of these Assets, Ensuring Cost-Effective Management and Maintenance.

Exclusively Listed By

Mobile Home Park

7 MHC Portfolio

Listing Price: $18,230,000

Cap Rate
5.50%
Number of Spaces
359
Lot Size
103.00 acres
Occupancy
76.0%
Price/Space
$50,780
Spaces/Acre
3.49
Year Built
1980

Investment Highlights

  • This Exclusive Opportunity Presents the Acquisition of Seven Strategically Positioned Manufactured Housing Communities, all within Close Proximity for Unparalleled Convenience and Operational Synergy.
  • Boasting a High Occupancy Rate of 76 Percent, These Communities are Proven Performers, Offering Immediate Cash Flow and Long-Term Value Appreciation Potential.
  • Benefit from Streamlined Operations Thanks to the Consolidated Location of these Assets, Ensuring Cost-Effective Management and Maintenance.

Investment Overview

Connecticut's market is characterized by rigorous zoning and land scarcity, establishing a formidable barrier to entry. This environment not only secures your investment against influx and competition but also promises appreciating value and consistent yields, positioning your venture in a niche market with sustained demand.- Positioned in an affluent area, with median housing values at $271,432 within a 15-mile radius surpassing the national median, these communities offer an attractive proposition for both current and prospective residents, ensuring sustained demand and profitability.

Exclusively Listed By

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