Mobile Home Park
30 MHC Portfolio - Indiana
6925 County Rd 575 N, Churubusco, IN 46723
Listing Price: Request For Offer
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.
30 MHC Portfolio - Indiana
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
Listing Price: Request For Offer
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
-
Josh Caruana
First Vice President/District Manager
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
