Price: Confidential
Total Spaces: 111
CAP Rate: Confidential
LOI Pending
Overview:
55+ Community Located in Tyler, Texas
Investment Highlights:
- 55+ Community
- 98MH Sites & 13 RV Sites
- Owner expanded Park by 16 Sites (2024)
- Occupancy Upside
- Rent Upside
- City Utilities
Just Listed
Price: $14,000,000
Total Spaces: 158
CAP Rate: 6.09%
Overview:
Mueller & Hoffman, as exclusive agent for the owner, is pleased to present the opportunity to purchase the Colorado Springs Portfolio.
Investment Highlights:
- 3 Communities Totaling 158 Sites
- Year One Cap Rate of 6.73%
- IRR Exceeding 19%
- Under Market Rents
- Occupancy Upside
Just Listed
Price: $12,000,000
Total Spaces: 103
CAP Rate: Confidential
Overview:
Mueller & Hoffman, as exclusive agent for the owner, is pleased to present the opportunity to purchase Sleepy Valley Community, a 91% occupied, all-ages community with 103 total sites including 68 manufactured home sites and 35 RV sites, located in Colorado Springs, CO.
Investment Highlights:
- Attractive 3.73% FNMA Assumable Loan; eligible for supplemental debt
- 91% Occupancy
- 6.43% Year One Cap Rate
- Serviced by public utilities
- Ownership recently purchased and moved in 6 new 2024 homes
- Tremendous growth market – Colorado Springs population has grown 17% over the past decade
Just Listed
Price: $6,000,000
Total Spaces: 39
CAP Rate:
Overview:
Mueller & Hoffman, as exclusive agent for the owner, is pleased to present the opportunity to purchase Sunshine Acres, a 100% occupied, all-ages community with 39 manufactured home sites, located in Berthoud, CO.
Investment Highlights:
- 100% Occupied
- City Utilities
- All Tenant Owned Homes
- 38%+ Mark-to-Market Upside Opportunity
- Paved, Curbed Roads & Concrete Parking Pads
Just Listed
Price: $15,700,000
Total Spaces: 135
CAP Rate: 5.36%
Overview:
Mueller & Hoffman, as exclusive agent for the owner, is pleased to present the opportunity to purchase the Durango Portfolio.
Investment Highlights:
- Four Communities
- 135 MH Sites, 1 Single Family Home
- Highly Desirable Submarket
- Surrounding Median Home Value of $900K
- 100% Occupancy
- No Park Owned Homes
- Upside in Rents
Under Contract
Price: Confidential
Total Spaces: 220
CAP Rate: Confidential
Overview:
Investment Highlights:
- Age Restricted (55+) Community
- City Services
- No POH
- 4 Star Community
- Pool, Clubhouse & Playground
