SOLD 2016
Northbrook Villas Mobile Home Park
Montrose, Colorado
SOLD 2016

Price: $7,600,000

Total Spaces: 346

CAP Rate: 7.0

Overview:

3-Star all-age community located in Montrose, Colorado.

Investment Highlights:

  • Significant Upside Through Home Infill
  • Off-Market Transaction
  • Call for Details
SOLD 2016
Shady Lane Mobile Home Community
Seguin, Texas
SOLD 2016

Price: Confidential

Total Spaces: 51

CAP Rate: 8.0

Overview:

51 space, all-age mobile home community located in Seguin, Texas.

Investment Highlights:

  • Call for details
Sold 2016
Terrace Estates
Craig, Colorado
Sold 2016

Price: $725,000

Total Spaces: 30

CAP Rate: 9.0%

Overview:

2-star all age community located in Craig, Colorado.

Investment Highlights:

  • 30 Spaces, 100% Occupied
  • No Park Owned Homes
  • Experienced, On-Site Manager
  • City Water and City Sewer
  • Attractive Yield at Asking Price
  • Rents Range from $285 to $315 and Include Trash Service
Sold 2016
Phoenix Community
Phoenix MSA, Arizona
Sold 2016

Price: Confidential

Total Spaces: 152

CAP Rate: 5.5

Overview:

Sold as part of a portfolio, located in the Phoenix Metro Area.

Investment Highlights:

  • Institutional Quality Community
  • Call for Details
Sold 2016
Phoenix Community
Phoenix MSA, Arizona
Sold 2016

Price: Confidential

Total Spaces: 201

CAP Rate: 5.5

Overview:

Sold as part of a portfolio, located in the Phoenix Metro Area.

Investment Highlights:

  • Institutional Quality Community
  • Call for Details
Sold 2016
Royal Estates
Hurst, Texas
Sold 2016

Price: Confidential

Total Spaces: 77

CAP Rate: 6.25

Overview:

3-Star, all-age community located in Hurst, Texas.

Investment Highlights:

  • Upscale Metroplex Location
  • 75 Spaces
  • 99% Occupied
  • No Park Owned Homes
  • Current Rent Levels Well Below Market
  • City Water and City Sewer
  • Purchased from Original Developer / Owner Family
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