Confidential Midwest 2 Park Portfolio

Stable Cash Flow - Expansion Opportunity - Utility Bill-Back Income

This Midwest Portfolio is a rare opportunity to acquire two established manufactured housing communities in a growing Midwest market. 🌟

The portfolio offers investors a compelling combination of stable cash flow, strong occupancy, utility reimbursement programs, and substantial expansion upside. With 45 existing mobile home sites, a single-family home, and the potential to develop an additional 61 lots, this investment presents both immediate income and long-term value creation.

The parks benefit from strong resident retention, affordable housing demand, professional management, and city utility infrastructure—creating a scalable platform for future growth. 💰

✨ Property Highlights - Park 1

📏 29 Mobile Home Lots

🏡 100% Occupied

🏠 All Tenant-Owned Homes (TOH)

💲 Current Lot Rent: $595 per month

💧 City Water & Sewer

📊 Metron Sub-metering Installed July 2024

• Utilities billed back directly to residents

• Reduces owner expense burden

• Creates additional operational efficiency

🚀 Major Expansion Opportunity

📈 Potential for 61 Additional Lots

📋 Preliminary engineering drawings and development cost estimates have already been completed and are available for review.

🌟 This expansion opportunity provides investors with a rare chance to more than triple the size of the community while leveraging existing market demand and infrastructure planning.

✨ Property Highlights - Park 2

📏 16 Mobile Home Lots

🏠 1 Single-Family Home Included

Current Occupancy

🏡 12 Occupied Tenant-Owned Homes

•  Current Lot Rent: $595/month

📑 1 Rent-to-Own Home

🔨 2 Vacant Park-Owned Homes

• 1 currently listed for sale

• 1 ready for renovation and repositioning

📈 1 Vacant Mobile Home Lot

• Utilities already in place

• Accommodates up to a 66' home

• Immediate infill opportunity

Single-Family Home

🏠 Vacant Single-Family Residence Included 

✅ Newer Roof

✅ Updated Siding

✅ Newer Windows

✅ Updated Furnace

🔨 Interior renovation needed

💰 Opportunity to create additional rental income or resale value

🔧 Utilities & Infrastructure

💧 City Water & Sewer

⚡ Municipal Utility Service

📊 Park 1 utilities are already sub-metered and billed back

📈 Park 2 utilities are currently not sub-metered, providing a clear value-add opportunity through future utility reimbursement implementation

👨‍💼 Professional Property Management currently oversees both communities