Under Contract
Heartland 8 MHC Portfolio
Oklahoma & Kansas
Under Contract

Price: $77,096,136

Total Spaces: 1057

CAP Rate: 6.0%

Overview:

Mueller & Hoffman, as exclusive agent for the owner, is pleased to present the opportunity to acquire the 1,057-site Heartland Portfolio, a collection of 8 manufactured housing communities spanning 7 cities across Kansas and Oklahoma.
Kansas License: Jon Nesbitt (BR00234337)
Oklahoma License: Kristen Zimmerman (201922)

Investment Highlights:

  • 8-Property MHC Portfolio totaling 1,057 sites
  • Oklahoma MarketsĀ : Tulsa & OKC MSA
  • Kansas Markets: Wichita, Lecompton (Lawrence MSA), & Hutchinson
  • All Communities are served by public water & sewer
  • Includes a 387 POH Portfolio consisting mostly of 2010 or newer units
  • Assumable Agency Debt
  • 20%+ IRR
Go to Top