Price: $13,000,000
Total Spaces: 96
CAP Rate: Call for Details
SOLD 2021
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
SOLD 2021
Price: $2,450,000
Total Spaces: 38
CAP Rate: 7%
Overview:
Investment Highlights:
- 38 Spaces with Full Hookups
- Gated Entrance
- Laundry & Dog Run
- Private Septic, City Water
- Electric Direct Billed
- Avg Rent $550
- Located in Mesa, AZ
SOLD 2021
Price: Confidential
Total Spaces: 395
CAP Rate: Confidential
Overview:
Western Pines, a 395 space mobile home community was 100% occupied at the time of sale. This 4-star quality park was offered free and clear of existing debt and is considered one of the highest quality affordable housing options in the market.
Investment Highlights:
- 395 Space, All-Age Community
- 4 Star Quality
- No Park Owned Homes
- Concrete Roads – Curb & Gutter Streets
- Central Office & Playground
Sold 2021
Price: $5,650,000
Total Spaces: 194
CAP Rate: 6%
Overview:
Off-Market Transaction
Investment Highlights:
- 195 Spaces
- City Services
- No Park Owned Homes
SOLD 2021
Price: Confidential
Total Spaces: 119
CAP Rate: Confidential
Overview:
MI BOR License # 6504411293
Investment Highlights:
- All-Age Community
- 119 Spaces
- 98% Occupancy
- All Tenant Owned Homes
- City Services
Sold 2021
Price: $10,800,000
Total Spaces: 218
CAP Rate:
Overview:
Investment Highlights:
- 2 All-Age Communities in Craig, CO
- City Services
- High Historical Occupancy
- $49,500 per space
SOLD 2021
Price: $7,100,000
Total Spaces: 231
CAP Rate: Confidential
Overview:
Off Market Transaction
Investment Highlights:
- 2 All-Age Communities
- 231 Spaces
- City Services
- Park Owned Home Package Included
SOLD 2021
Price: Confidential
Total Spaces: 375
CAP Rate: Confidential
Overview:
IL license #: 471020990
Investment Highlights:
- 2 Park Portfolio
- Northbrook is a 55+ Community
- Bissel is an all-age Community
- City Utilities
- Occupancy Upside
- Substantial POH Portfolio Included
