Price: $25,000,000
Total Spaces: 150
CAP Rate: 3.26%
SOLD 2021
Overview:
Mueller & Hoffman, as exclusive agent for the owner, is pleased to present the opportunity to purchase the Rancho Estates manufactured housing community in Goleta, CA. Rancho Estates is a 100% occupied, all-age community with 150 sites. Offered at $25,000,000 or $168,923 per site, the year 1 proforma CAP rate is 3.26%.
CA BOR:
KMZ Brokerage, Inc.
1601 N. Sepulveda Blvd., #341
Manhattan Beach, CA 90266
CalDRE#02006632
Investment Highlights:
- Eight Miles West of Santa Barbara
- Offered at $168,923 Per Site
- Significant upside and maximum flexibility due to a unique development agreement in place with the City of Goleta.
- Recent appraisal of valuing Individual lots estimates a combined value of over $53,000,000
- Surrounding median home value of over $740,000
- Video of Property
SOLD 2021
Price: Confidential
Total Spaces: 134
CAP Rate: Confidential
Overview:
Investment Highlights:
- All-Age Community
- Houston MSA Location
- 134 Spaces
- 89% Occupancy
- Rental Home Portfolio Included
SOLD 2021
Price: $23,345,000
Total Spaces: 204
CAP Rate: Call for Details
Overview:
Confidential Off-Market Deal
Investment Highlights:
- All-Age Community
- No Park Owned Homes
- 100% Occupied
- Amenities Include Basketball Court, Playground & Volleyball
SOLD 2021
Price: $3,700,000
Total Spaces: 40
CAP Rate: Call For Details
Overview:
Investment Highlights:
- All-Age Community
- No Park Owned Homes
- $92,819 Per Space
- $500 Average Rents
- 100% Occupancy
SOLD 2021
Price: Call For Details
Total Spaces: 95
CAP Rate: Call For Details
Overview:
Investment Highlights:
- 55+ Community
- 83 MH Sites + 13 RV Sites
- 95% Occupancy
- Well Water & City Sewer
- Room to Expand Community
SOLD 2021
Price: Call For Details
Total Spaces: 75
CAP Rate: Call For Details
Overview:
WY BOR: TYG Commercial Real Estate #12610
Investment Highlights:
- 2-Star, All-Age Community
- Avg Lot Rent of $520
- 97% Occupancy
- City Services
SOLD 2021
Price: $96,750,000
Total Spaces: 1138
CAP Rate: Call For Details
Overview:
Investment Highlights:
- 4 All-Age Parks Across 3 States
- 1,138 Total Spaces
- Value-Add Portfolio
- Note and Rental Home Portfolio Included
- Offered Free & Clear
SOLD 2021
Price: $13,000,000
Total Spaces: 96
CAP Rate: Call for Details
Overview:
CA BOR:
KMZ Brokerage, Inc.
1601 N. Sepulveda Blvd., #341
Manhattan Beach, CA 90266
CalDRE#02006632
Investment Highlights:
- 4 Star, All-Age Park
- 96 Spaces, 100% Occupied
- Amenities Include Pool, Clubhouse with Exercise Room, and Basketball Court
- No Rent Control
- City Water, Private Septic, Propane Gas & Master Electric
- All utilities Billed Back
SOLD 2021
Price: $11,500,000
Total Spaces: 81
CAP Rate: 3.4%
Overview:
Investment Highlights:
- 55+ Community
- 3-Star Quality
- Pool & Clubhouse
- No Park Owned Homes
- City Utilities
SOLD 2021
Price: Confidential
Total Spaces: 219
CAP Rate: Confidential
Overview:
2 Park Portfolio
MI BOR License # 6504411293
Investment Highlights:
- 2 Park Portfolio Located in Warren, MI
- 2-Star Quality
- City Services
- Park Owned Home Portfolio Included
