Fully Entitled 140-Pad MHC Opportunity

The Esterson MHC Team is pleased to present Pineview MHC, a 140-lot manufactured home community that’s currently 100% vacant. Located on approximately 58 acres in the growing Birmingham, AL MSA. Birmingham, known as the “Magic City,” is the largest city in Alabama and a dynamic region with a rich industrial history that has evolved into a diverse economic hub featuring strong healthcare, finance, and education sectors.

This potential ‘Class A’ community site is comprised of 58+ acres of fee-simple land, fully entitled for a 140-lot manufactured home community. The park has the potential to include amenities such as a clubhouse, parking, community pool, and recreational spaces, making it attractive for both permanent residents and seasonal tenants. Buyers have the flexibility to select operational models that best fit their investment strategy, whether focusing on a fully tenant-owned park or a rental community or using a mix of park-owned homes (POH) and tenant-owned homes (TOH).

Situated in western Birmingham, Pineview MHC provides easy access to Interstate 22, which connects Birmingham with Memphis, enhancing accessibility and connectivity for residents. The site’s prime location offers convenient access to the Birmingham Civic Center (10 miles away), as well as local schools, parks, and a Walmart Supercenter. With its close proximity to the core of Birmingham and a robust local economy driven by nearby industrial operations, Pineview presents an excellent opportunity for a high-quality, affordable housing development.

The Pineview MHC site would be comprised of 140 manufactured home lots in a market with high demand for affordable housing. Initial estimates suggest that completed and fully occupied sites could achieve market rental rates of $500+ per lot per month. The park would be serviced by city water and sewer, both of which would be upgraded to meet regulatory requirements, enhancing the development’s appeal and operational efficiency. Existing roads, mobile home pads, and driveways are included from the previous community are also included.

• Prime development location just 10 miles from downtown Birmingham.

• Conveniently located only 5 minutes from Interstate 22, providing easy access for residents and commuters.

• Strong demographics, with a 5-mile population exceeding 100,000 and an average household income of over $55,000.

Pineview MHC offers a compelling opportunity to create a high-quality, affordable manufactured home community in a thriving market. Its strategic location, strong demand drivers, and entitled status make it well-positioned for future success. We are asking investors to submit their best offers, as no pricing guidance will be given. All offers must include price, inspection timelines, appropriate terms, proof of funds, a list of due diligence required from owners,