Mobile Home Park
Mayflower Hills
0 Patriot Cir, Plymouth, MA 02360
Listing Price: $5,900,000
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is pleased to present Mayflower Hills Manufactured Housing Community, an all-ages community located in Plymouth, Massachusetts. This 50-site property is currently 98% occupied, reflecting strong resident demand and minimal vacancy.
Positioned within the affordable housing niche, the community provides a cost-effective alternative to traditional rental housing in a supply-constrained coastal market. As an all-ages community, Mayflower Hills benefits from a diverse tenant base and broad leasing appeal.
Residents enjoy spacious lots for their personal manufactured homes, along with the convenience of professional management and on-site leasing office hours. The property’s prime location in historic Plymouth offers proximity to local attractions such as Plimoth Patuxet and the Mayflower II, as well as access to recreational amenities, dining, and Boston’s employment market.
Operational efficiency and strong in-place occupancy provide a stable foundation with upside potential through incremental rent adjustments and modest operational enhancements, requiring no major capital investment.
In summary, Mayflower Hills MHC delivers recession-resilient cash flow, attractive coastal positioning, and a well-managed structure, making it a compelling investment opportunity in the Southern Massachusetts market.
Mayflower Hills
Investment Highlights
- 98% Occupancy on 50 Sites: Near-full occupancy demonstrates strong resident demand and minimal vacancies.
- Affordable Housing Niche: Serves as a cost-effective alternative to traditional rentals in a coastal Massachusetts market with constrained housing supply
- All-Ages Community: No age restrictions, allowing diverse tenant mix and flexibility in marketing and leasing
- Spacious Lots & Community Amenities: Well-sized lots provide room for personal manufactured homes; the park is professionally managed with leased office hours, enhancing resident experience
- Prime Regional Location: Situated in historic Plymouth, residents benefit from local attractions such as Plimoth Patuxet, Mayflower II, recreational amenities, dining, and proximity to Boston
- Operational Efficiency & Upside: Existing high occupancy enables upward rent revisions and modest operational enhancements without major capital investment.
Listing Price: $5,900,000
Investment Highlights
- 98% Occupancy on 50 Sites: Near-full occupancy demonstrates strong resident demand and minimal vacancies.
- Affordable Housing Niche: Serves as a cost-effective alternative to traditional rentals in a coastal Massachusetts market with constrained housing supply
- All-Ages Community: No age restrictions, allowing diverse tenant mix and flexibility in marketing and leasing
- Spacious Lots & Community Amenities: Well-sized lots provide room for personal manufactured homes; the park is professionally managed with leased office hours, enhancing resident experience
- Prime Regional Location: Situated in historic Plymouth, residents benefit from local attractions such as Plimoth Patuxet, Mayflower II, recreational amenities, dining, and proximity to Boston
- Operational Efficiency & Upside: Existing high occupancy enables upward rent revisions and modest operational enhancements without major capital investment.
Investment Overview
Marcus & Millichap, as the exclusive listing agent, is pleased to present Mayflower Hills Manufactured Housing Community, an all-ages community located in Plymouth, Massachusetts. This 50-site property is currently 98% occupied, reflecting strong resident demand and minimal vacancy. Positioned within the affordable housing niche, the community provides a cost-effective alternative to traditional rental housing in a supply-constrained coastal market. As an all-ages community, Mayflower Hills benefits from a diverse tenant base and broad leasing appeal. Residents enjoy spacious lots for their personal manufactured homes, along with the convenience of professional management and on-site leasing office hours. The property’s prime location in historic Plymouth offers proximity to local attractions such as Plimoth Patuxet and the Mayflower II, as well as access to recreational amenities, dining, and Boston’s employment market. Operational efficiency and strong in-place occupancy provide a stable foundation with upside potential through incremental rent adjustments and modest operational enhancements, requiring no major capital investment. In summary, Mayflower Hills MHC delivers recession-resilient cash flow, attractive coastal positioning, and a well-managed structure, making it a compelling investment opportunity in the Southern Massachusetts market.
Exclusively Listed By
Broker of Record
-
Thomas Shihadeh
Vice President/Regional 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.
