Price: $3,850,000
Total Spaces: 100
CAP Rate: 7.22%
Sold 2022
Overview:
Mueller & Hoffman, as exclusive agent for the owner, is pleased to present the opportunity to
purchase The Meadows of Santiago in La Junta, CO.
Investment Highlights:
- First Year Projected Cap Rate of 7.22%
- First Year Projected Cash on Cash of 14.17%
- All direct billed utilities
- 28 park owned homes offered at $15K per home
- 86% occupied
- POH income grosses an additional $88K per year, which was not used in the calculation of the park NOI.
SOLD 2022
Price: Call for Details
Total Spaces: 144
CAP Rate: Call for Details
Overview:
BOR WY license # RE-15859
Investment Highlights:
- 2 Park Portfolio in Desirable Market
- 144 Spaces
- City Utilities
- Occupancy & Rent Upside
- POH Portfolio Included
Sold 2022
Price: Call for details
Total Spaces: 165
CAP Rate: Call for details
Overview:
4-Star, 55+ Community
Investment Highlights:
- Record Breaking Price Per Space for Colorado
- 55+ Community
- 100% Occupancy
- All Tenant Owned Homes
- City Utilities
SOLD 2022
Price: Call for details
Total Spaces: 418
CAP Rate: Call for details
Overview:
Mueller & Hoffman, as exclusive agent for the owner, is pleased to present the opportunity
to purchase the 418-site Iowa City Portfolio, featuring four manufactured housing
communities in the Iowa City metropolitan area.
Investment Highlights:
- Four, All-Age Communities
- 415 MH Sites, 2 SFR & 1 Apt
- 93% Occupancy Across Portfolio
- Direct Billed Water/Sewer
- Significant Rental Upside
- Approval to Expand by 35 Units
Sold 2022
Price: Call for Details
Total Spaces: 209
CAP Rate: Call for Details
Overview:
4-Star, 55+ Community
Investment Highlights:
- 55+ Community
- City Services
- No Parked Home Homes
- Central Office
SOLD 2022
Price: Call for Details
Total Spaces: 114
CAP Rate: Call for Details
Overview:
OR BOR License: 200705229
Investment Highlights:
- Whispering Pines (55+) – 63 Double Wide Sites
- Bel Air – 51 Sites
- Both Parks Rebuilt after Almeda Fire
- Whispering Pines – 44% Occupied
- Bel Air – 14% Occupied
Sold 2022
Price: Confidential
Total Spaces: 75
CAP Rate: Call for Details
Overview:
UT BOR License: UT5607915
Investment Highlights:
- Provo-Orem MSA
- 100% Occupancy
- City Utilities
- Under Market Rents
- No Park Owned Homes
- All-Age Community
Sold 2022
Price: Confidential
Total Spaces: 398
CAP Rate:
Overview:
Mueller & Hoffman, as exclusive agent for the owner, is pleased to present the opportunity to purchase the 398-site Central Texas Portfolio.
Investment Highlights:
- 95% Portfolio Occupancy
- 398 Total Affordable Housing Sites in One of the Fastest Growth States in America
- Professionally Managed
Sold 2022
Price: $19,900,000
Total Spaces: 101
CAP Rate: 4%
Overview:
Two Park Portfolio Located in Orange County, CA
Investment Highlights:
- $197,000 per Space
- Infill Orange County Locations
- Public Utilities
- Historical High Occupancy
Sold 2022
Price: Confidential
Total Spaces: 301
CAP Rate: Confidential
Overview:
Mueller & Hoffman Manufactured Housing is pleased to announce the sale of Lago Vista in Loveland, CO for an undisclosed price.
Investment Highlights:
- Institutional Quality Asset
- Highly Desirable Fort Collins-Loveland MSA
- Robust Local Economy
- City Utilities
- 100% Occupied
