Mobile Home Park
Southeast MHP Portfolio - AL, GA, WV, NC, SC
460 Pine Valley Dr, Roanoke, AL 36274
Listing Price: Request For Offer
Investment Overview
Marcus and Millichap is pleased to present The Southeast Mobile Home Park Portfolio, consisting of 638 Pads across North Carolina, South Carolina, Georgia, Alabama, and West Virginia. The portfolio is a total of 21 MHPs with an average of 31 pads per park.
We are pleased to present an exciting opportunity to acquire 21 mobile home parks spread across five states, boasting a combined total of 638 sites. These communities are being offered for purchase either as a comprehensive portfolio or as individual assets, allowing potential investors the flexibility to tailor their investment strategy to their preferences. Eleven of the MHPs have a CMBS loan that must be assumed and purchased together as one.
Strategically positioned across North Carolina, South Carolina, Georgia, Alabama, and West Virginia, with an average of 31 sites per MHP, these communities offer operational and management efficiencies for a new investor looking to capitalize on these strategic geographic arrangements.
This opportunity presents a promising value-add proposition within the manufactured housing community sector. The potential for enhancement and increased value exists through strategic improvements, management optimization, or other value-creating initiatives. Investors have the chance to capitalize upon the growth and improvement potential within the manufactured housing sector through this meticulously curated investment opportunity.
Investment Highlights
- Significant Value-Add Potential: Significant opportunities for enhancement and increased value through strategic improvements, management optimization, and other value-creating initiatives.
- Diverse Portfolio: Includes 21 mobile home parks spread across five states, offering a total of 638 sites.
- Flexible Investment Options: Available for purchase as a comprehensive portfolio or as individual assets, providing tailored investment opportunities.
- Strategic Loan Structure: Eleven MHPs come with a CMBS loan that must be assumed, enabling a structured financial arrangement.
- Operational Efficiency: Average of 31 sites per park, strategically located for optimal operational and management efficiencies.
- All 21 parks feature on-site management, enhancing the passive nature of these investments.
Broker of Record
Listing Price: Request For Offer
Investment Highlights
- Significant Value-Add Potential: Significant opportunities for enhancement and increased value through strategic improvements, management optimization, and other value-creating initiatives.
- Diverse Portfolio: Includes 21 mobile home parks spread across five states, offering a total of 638 sites.
- Flexible Investment Options: Available for purchase as a comprehensive portfolio or as individual assets, providing tailored investment opportunities.
- Strategic Loan Structure: Eleven MHPs come with a CMBS loan that must be assumed, enabling a structured financial arrangement.
- Operational Efficiency: Average of 31 sites per park, strategically located for optimal operational and management efficiencies.
- All 21 parks feature on-site management, enhancing the passive nature of these investments.
Investment Overview
Marcus and Millichap is pleased to present The Southeast Mobile Home Park Portfolio, consisting of 638 Pads across North Carolina, South Carolina, Georgia, Alabama, and West Virginia. The portfolio is a total of 21 MHPs with an average of 31 pads per park. We are pleased to present an exciting opportunity to acquire 21 mobile home parks spread across five states, boasting a combined total of 638 sites. These communities are being offered for purchase either as a comprehensive portfolio or as individual assets, allowing potential investors the flexibility to tailor their investment strategy to their preferences. Eleven of the MHPs have a CMBS loan that must be assumed and purchased together as one. Strategically positioned across North Carolina, South Carolina, Georgia, Alabama, and West Virginia, with an average of 31 sites per MHP, these communities offer operational and management efficiencies for a new investor looking to capitalize on these strategic geographic arrangements. This opportunity presents a promising value-add proposition within the manufactured housing community sector. The potential for enhancement and increased value exists through strategic improvements, management optimization, or other value-creating initiatives. Investors have the chance to capitalize upon the growth and improvement potential within the manufactured housing sector through this meticulously curated investment opportunity.
Broker of Record
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Eddie Greenhalgh
Senior Vice President Investments