fbpx
$Unpriced

21 Park Port – Southeast

I am...(Required)
Agreed to and Accepted by:(Required)

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

 

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.

Offering Materials

Details

Price : $Unpriced
# of Parks : 21
Investment Type : Value Add
Property Type : MHP
Status : On-Market
Address : AL, GA, WV, NC, SC
MSA/ST : Southeast
Tenants : 453
Utility : Mixed
POH : 52
Gross Income (All Income Sources) : $1,973,658
Deal # : 1350
Lots : 638
Property ID : 11412

Find on Map

Dylan Hellberg

Compare Listings

Title Price Status Type Area Purpose Bedrooms Bathrooms