Mobile Home Park
Southeast MHP Portfolio (CMBS) - AL, GA, WV, NC, SC
15928 Dean Dr, Brookwood, AL 35444
Listing Price: $9,200,000
Investment Overview
Marcus & Millichap is pleased to present a unique investment opportunity in a CMBS portfolio of 11 mobile home parks, strategically located across Alabama, Georgia, North Carolina, South Carolina, and West Virginia. This portfolio encompasses a total of 322 pads, with a diversified mix of tenant types. Each property’s electricity is billed directly to tenants, water is sourced from city systems, and sewer services vary between city and septic systems. The portfolio is offered as a complete package with a CMBS loan that must be assumed, making it ideal for investors seeking operational and management efficiencies. The combined scale and geographic positioning across these high-demand regions allows a new investor to capitalize on streamlined operations and potential economies of scale.
The portfolio is strategically located in growing Southeastern and Appalachian markets, where demand for housing continues to rise due to economic growth, population expansion, and an increasingly cost-conscious renter base. Each state within the portfolio’s footprint benefits from strong local industries which create stable employment bases and support ongoing demand for workforce housing options like mobile home communities.
Investment Highlights
- The portfolio's regional positioning across five states provides management and operational efficiencies, allowing a new owner to leverage cost-effective strategies and scale economies.
- Growing Demand for Affordable Housing: Each park's location is within areas w/ strong employment bases & high demand for affordable housing, supporting long-term occupancy stability and rental growth.
- Strategic Loan Structure: The 11 parks come with a CMBS loan that must be assumed, enabling a structured financial arrangement
Broker of Record
Mobile Home Park
Southeast MHP Portfolio (CMBS) - AL, GA, WV, NC, SC
Listing Price: $9,200,000
Investment Highlights
- The portfolio's regional positioning across five states provides management and operational efficiencies, allowing a new owner to leverage cost-effective strategies and scale economies.
- Growing Demand for Affordable Housing: Each park's location is within areas w/ strong employment bases & high demand for affordable housing, supporting long-term occupancy stability and rental growth.
- Strategic Loan Structure: The 11 parks come with a CMBS loan that must be assumed, enabling a structured financial arrangement
Investment Overview
Marcus & Millichap is pleased to present a unique investment opportunity in a CMBS portfolio of 11 mobile home parks, strategically located across Alabama, Georgia, North Carolina, South Carolina, and West Virginia. This portfolio encompasses a total of 322 pads, with a diversified mix of tenant types. Each property’s electricity is billed directly to tenants, water is sourced from city systems, and sewer services vary between city and septic systems. The portfolio is offered as a complete package with a CMBS loan that must be assumed, making it ideal for investors seeking operational and management efficiencies. The combined scale and geographic positioning across these high-demand regions allows a new investor to capitalize on streamlined operations and potential economies of scale. The portfolio is strategically located in growing Southeastern and Appalachian markets, where demand for housing continues to rise due to economic growth, population expansion, and an increasingly cost-conscious renter base. Each state within the portfolio’s footprint benefits from strong local industries which create stable employment bases and support ongoing demand for workforce housing options like mobile home communities.
Broker of Record
-
Eddie Greenhalgh
Senior Vice President Investments