KENTUCKY & WEST VIRGINIA MOBILE HOME PARK PORTFOLIO

INVESTMENT HIGHLIGHTS

• Incredible Value-Add Opportunity – With rents significantly under market, and some vacancy, this portfolio allows a new investor to both push rents and lease up to capitalize on a much higher proforma return.
• Lower Maintenance/Expenses – These parks boast 96% land leases with tenant owned units, leaving less ongoing maintenance and expenditures for the landlord.
• New Infrastructure Upgrades (Wurtland Park) – Each lot on the Wurtland park is individually metered with recently added utility lines, making this the case on the entire portfolio.
• Minimal Utility Responsibilities – Mostly units utilize public utilities, which offers the landlord a more passive stream of income and ownership.
• Pad Flexibility – Ability to quickly infill spaces with RVs & Campers since utilities are already set up