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Mobile Home Park

North Platte 4-Property Portfolio

819 N Bryan Ave, North Platte, NE 69101

Listing Price: $2,000,000

Cap Rate
11.69%
Number of Spaces
78
Lot Size
1.00 acres
Occupancy
74.6%
Price/Space
$25,641
Spaces/Acre
78.00
Year Built
1973

Investment Overview

Marcus & Millichap is proud to present to qualified investors the opportunity to acquire a four-property portfolio totaling 78 spaces in the growing city of North Platte, NE. This investment offers noteworthy upside potential thanks to increasing rents and growing occupancy. Additionally, the property is expected to provide immediate cash flow upon closing. All four properties are located within five to 15 minutes of each other and consist of 20 tenant-owned homes (TOH), 27 park-owned homes (POH), 19 vacant spaces and 12 vacant trailers. Rents average $350/month for space rent only and $789/month for POH space and unit. Three of the four parks are on city water and sewer with both utilities paid for by the landlord. The fourth park is on well water and city sewer paid for by the tenant.

Investment Highlights

  • Four-Property Portfolio Where Each Property Is Within a 15-Minute Radius
  • Positive Cash-Flowing Investment Properties with Below-Market Rents
  • Walmart Sustainable Beef Meat Packing Plant to Open October 2025 and will Create 800 New Jobs
  • Reliable Management Team Already in Place

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s) NE: 20200223

    Nebraska

Mobile Home Park

North Platte 4-Property Portfolio

Listing Price: $2,000,000

Cap Rate
11.69%
Number of Spaces
78
Lot Size
1.00 acres
Occupancy
74.6%
Price/Space
$25,641
Spaces/Acre
78.00
Year Built
1973

Investment Highlights

  • Four-Property Portfolio Where Each Property Is Within a 15-Minute Radius
  • Positive Cash-Flowing Investment Properties with Below-Market Rents
  • Walmart Sustainable Beef Meat Packing Plant to Open October 2025 and will Create 800 New Jobs
  • Reliable Management Team Already in Place

Investment Overview

Marcus & Millichap is proud to present to qualified investors the opportunity to acquire a four-property portfolio totaling 78 spaces in the growing city of North Platte, NE. This investment offers noteworthy upside potential thanks to increasing rents and growing occupancy. Additionally, the property is expected to provide immediate cash flow upon closing. All four properties are located within five to 15 minutes of each other and consist of 20 tenant-owned homes (TOH), 27 park-owned homes (POH), 19 vacant spaces and 12 vacant trailers. Rents average $350/month for space rent only and $789/month for POH space and unit. Three of the four parks are on city water and sewer with both utilities paid for by the landlord. The fourth park is on well water and city sewer paid for by the tenant.

Broker of Record

  • Jon Ruzicka

    First Vice President Investments

    (952) 852-9700

    License(s): NE: 20200223

    Nebraska

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