Southeast MHP Portfolio (CMBS)
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Southeast MHP Portfolio (CMBS)
10 Multifamily Properties Offered at £7,316,685 in Multiple Locations
INVESTMENT HIGHLIGHTS
- The portfolio’s positioning across 5 states provides management & operational efficiencies, allowing a new owner to leverage cost-effect strategies
- Strategic Loan Structure: The 11 parks come with a CMBS loan that must be assumed, enabling a structured financial arrangement.
- Growing Demand for Affordable Housing
EXECUTIVE SUMMARY
Marcus & Millichap is pleased to present a unique investment opportunity in a CMBS portfolio of 11 mobile home parks, strategically located across Alabama, Georgia, North Carolina, and South Carolina. This portfolio encompasses a total of 322 pads, with a diversified mix of tenant types. Each property’s electricity is billed directly to tenants, water is sourced from city systems, and sewer services vary between city and septic systems. The portfolio is offered as a complete package with a CMBS loan that must be assumed, making it ideal for investors seeking operational and management efficiencies. The combined scale and geographic positioning across these high-demand regions allows a new investor to capitalize on streamlined operations and potential economies of scale.
The portfolio is strategically located in growing Southeastern and Appalachian markets, where demand for housing continues to rise due to economic growth, population expansion, and an increasingly cost-conscious renter base. Each state within the portfolio’s footprint benefits from strong local industries which create stable employment bases and support ongoing demand for workforce housing options like mobile home communities.
The portfolio is strategically located in growing Southeastern and Appalachian markets, where demand for housing continues to rise due to economic growth, population expansion, and an increasingly cost-conscious renter base. Each state within the portfolio’s footprint benefits from strong local industries which create stable employment bases and support ongoing demand for workforce housing options like mobile home communities.
DATA ROOM Click Here to Access
- Offering Memorandum
PROPERTY FACTS
| Price | £7,316,685 | Number of Properties | 10 |
| Price / SF | £10.41 / SF | Individually For Sale | 0 |
| Net Initial Yield | 7.74% | Total Building Size | 703,168 SF |
| Sale Type | Investment | Total Land Area | 79.92 AC |
| Status | Active |
| Price | £7,316,685 |
| Price / SF | £10.41 / SF |
| Net Initial Yield | 7.74% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 10 |
| Individually For Sale | 0 |
| Total Building Size | 703,168 SF |
| Total Land Area | 79.92 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Smitherman's Mobile Home Park
20355 AL Highway 22, Clanton, AL 35045 |
Multifamily | 16,560 SF | 1962 | - |
|
Fort Valley Mobile Home Park
501 Green St, Fort Valley, GA 31030 |
Multifamily | 20,000 SF | 1980 | - |
| 1201 Secession Ave, Abbeville, SC 29620 | Multifamily | 672 SF | 1975 | - |
|
Ckt Mobile Homes Park
254 E Clifton Ave, Lyons, GA 30436 |
Multifamily | 41,000 SF | 1997 | - |
| 1657 Joe Lawrence Rd, Ashburn, GA 31714 | Multifamily | 38,000 SF | 1970 | - |
|
Mapletree Mobile Home Park
3605 County Road 47, Clanton, AL 35045 |
Multifamily | 20,000 SF | 1970 | - |
|
Verbena MHP
24 County Rd County Rd 24, Verbena, AL 36091 |
Multifamily | - | 1980 | - |
| 115 Rip Wiley Rd, Fitzgerald, GA 31750 | Multifamily | 22,000 SF | 1988 | - |
| 15928 Dean Dr, Brookwood, AL 35444 | Multifamily | 304,920 SF | 1900 | - |
|
Sherrill MHP
15 Higdon loop, Andrews, NC 28901 |
Multifamily | 240,016 SF | 1977 | - |
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CONTACTS
-
Nick Lore -
John Leonard -
Ryan Lipomi -
William Graves -
Dylan Hellberg -
Eddie Greenhalgh -
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Southeast MHP Portfolio (CMBS)
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