Southeast MHP Portfolio (CMBS)
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Southeast MHP Portfolio (CMBS)
11 Multifamily Properties in Multiple Locations
Investment Highlights
- The portfolio’s regional positioning across five states provides management and operational efficiencies
- 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, South Carolina, and West Virginia. 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
Sale Type | Investment | Individually For Sale | 0 |
Status | Active | Total Building Size | 696,152 SF |
Number of Properties | 11 | Total Land Area | 127.21 AC |
Sale Type | Investment |
Status | Active |
Number of Properties | 11 |
Individually For Sale | 0 |
Total Building Size | 696,152 SF |
Total Land Area | 127.21 AC |
Properties
Property Name / Address | Property Type | Size | Year Built | Individual Price |
---|---|---|---|---|
Ckt Mobile Homes Park
254 E Clifton Ave, Lyons, GA 30436 |
Multifamily | 41,000 SF | 1997 | - |
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 | - |
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 | - |
1201 Secession Ave, Abbeville, SC 29620 | Multifamily | 672 SF | 1975 | - |
Sherrill's Mobile Home Park
15 Higdon St, Andrews, NC 28901 |
Multifamily | 200,000 SF | 1977 | - |
15928 Dean Dr, Brookwood, AL 35444 | Multifamily | 304,920 SF | 1900 | - |
283 Ohio Ave, Rainelle, WV 25962 | Multifamily | 14,000 SF | 2012 | - |
Verbena Mobile Home Park
5195 County Road 24, Billingsley, AL 36006 |
Multifamily | 19,000 SF | 1900 | - |
115 Rip Wiley Rd, Fitzgerald, GA 31750 | Multifamily | 22,000 SF | 1988 | - |
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