SOLD 2022
Mobile Estates
Greeley, CO
SOLD 2022

Price: $7,000,000

Total Spaces: 92

CAP Rate: 5.38%

Overview:

Exclusively Listed by Mueller & Hoffman

Investment Highlights:

  • 2-Star, All-Age Park
  • No Park Owned Homes
  • City Utilities
  • All Sewer Lines Replaced in 2020
  • 1 Vacant
SOLD 2022
Carlisle Plaza
Albuquerque, NM
SOLD 2022

Price: Confidential

Total Spaces: 78

CAP Rate: Confidential

Overview:

Mueller & Hoffman, as exclusive agent for the owner, is pleased to present the
opportunity to purchase Carlisle Mobile Home Park in Albuquerque, NM.
NM Lic: #20528

Investment Highlights:

  • 55+ Community
  • 99% Occupied
  • City Utilites
  • Under Market Rents
Sold 2022
Friendly Village of Arlington
Arlington, TX
Sold 2022

Price: Confidential

Total Spaces: 251

CAP Rate: Confidential

Overview:

Friendly Village is a 251 site, all-age community located in the heart of the entertainment district of Arlington, Texas and minutes from AT&T Stadium (Cowboys) and Globe Life Park (Rangers).

Investment Highlights:

  • 3.5 Star, All-Age Community
  • Incredible Location, Minutes from Cowboy’s Stadium & Globe Life Park
  • Located in the Heart of the Entertainment District
  • Amenities Include a Clubhouse, Swimming Pool, & Billiards
  • Off Street Parking with Curb & Gutter Streets
Sold 2022
The Meadows
La Junta, CO
Sold 2022

Price: $3,850,000

Total Spaces: 100

CAP Rate: 7.22%

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
AAA & Continental Estates
Cheyenne, WY
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
Sunset Manufactured Home Community
Loveland, CO
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
Iowa City Portfolio
Iowa City, IA
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
Flat Rock Village
Van Buren, AR
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
Whispering Pines & Bel Air
Medford, OR
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
Green Acres
Springville, UT
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
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