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Mobile Home Park

30 MHC Portfolio - Kentucky

12 Mobile Park Dr, Shepherdsville, KY 40165

Listing Price: Request For Offer

Number of Spaces
560
Lot Size
40.00 acres
Occupancy
82.0%
Spaces/Acre
14.00
Year Built
1980

Investment Overview

This investment opportunity involves acquiring a portfolio of 30 manufactured housing communities (MHCs) strategically located across Indiana, Ohio, Kentucky, North Carolina, South Carolina, Georgia, Louisiana, and Texas. The portfolio comprises 3,389 sites, with an 82% occupancy rate and only ~598 (573 in place + 25 new 2024) park-owned homes.
Acquiring this portfolio of 30 manufactured housing communities offers a compelling opportunity to invest in a diverse, scalable, and income-generating asset class. With immediate cash flow, value-add potential, and geographic diversification, this investment aligns well with strategies aimed at long-term growth and income stability in the affordable housing market.

Investment Highlights

  • The communities are spread across eight states, providing geographic diversification that mitigates regional market risks and leverages different economic strengths.
  • The portfolio's 3,389 sites offer substantial scale, enabling economies of scale in management and operations, and enhancing the overall investment's stability and potential for growth.
  • With an 82% occupancy rate, the communities are well-established with a solid resident base, ensuring immediate and steady rental income. There is also room for increasing occupancy.

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s) KY: 286261

    Kentucky

Mobile Home Park

30 MHC Portfolio - Kentucky

Listing Price: Request For Offer

Number of Spaces
560
Lot Size
40.00 acres
Occupancy
82.0%
Spaces/Acre
14.00
Year Built
1980

Investment Highlights

  • The communities are spread across eight states, providing geographic diversification that mitigates regional market risks and leverages different economic strengths.
  • The portfolio's 3,389 sites offer substantial scale, enabling economies of scale in management and operations, and enhancing the overall investment's stability and potential for growth.
  • With an 82% occupancy rate, the communities are well-established with a solid resident base, ensuring immediate and steady rental income. There is also room for increasing occupancy.

Investment Overview

This investment opportunity involves acquiring a portfolio of 30 manufactured housing communities (MHCs) strategically located across Indiana, Ohio, Kentucky, North Carolina, South Carolina, Georgia, Louisiana, and Texas. The portfolio comprises 3,389 sites, with an 82% occupancy rate and only ~598 (573 in place + 25 new 2024) park-owned homes. Acquiring this portfolio of 30 manufactured housing communities offers a compelling opportunity to invest in a diverse, scalable, and income-generating asset class. With immediate cash flow, value-add potential, and geographic diversification, this investment aligns well with strategies aimed at long-term growth and income stability in the affordable housing market.

Exclusively Listed By

Broker of Record

  • Grant Fitzgerald

    Vice President/Regional Manager

    (502) 329-5900

    License(s): KY: 286261

    Kentucky

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