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515 Everly Brothers Blvd - 120 Manufactured Housing Rental Portfolio: KY 12,681 SF Specialty Building Offered For Sale in Central City, KY 42330
INVESTMENT HIGHLIGHTS
- Turnkey 120-Unit Portfolio
- Well-maintained sites with long-term residents and stable occupancy underscore the desirability of these communities.
- Diverse mix of single and double-wide homes appeals to a broad range of tenants seeking quality, affordable living.
- Muhlenberg and McLean Counties have diversified economies with a stable and growing employment base.
EXECUTIVE SUMMARY
This sale features a turnkey portfolio of 120 rental units located in Muhlenberg and McLean counties, Kentucky, including five manufactured housing communities, 99 community sites, 17 land/home sites, and 4 traditional stick-built houses. The portfolio contains 66 community-owned manufactured homes, offering a mix of single and double-wide units that attract a broad tenant base. With stable occupancy and long-term residents, the properties provide immediate cash flow and operational efficiencies through centralized management. There is potential for growth by infilling vacant lots and adjusting rents to market rates, and the seller is open to assisting with future lot infill arrangements. The area’s strong demand for affordable housing and diversified local economy further support long-term stability and investment upside.
PROPERTY FACTS
| Sale Type | Investment | Building Size | 12,681 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Trailer/Camper Park | Year Built | 1996 |
| Building Class | C | Opportunity Zone |
Yes
|
| Lot Size | 1.73 AC |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Trailer/Camper Park |
| Building Class | C |
| Lot Size | 1.73 AC |
| Building Size | 12,681 SF |
| No. Stories | 1 |
| Year Built | 1996 |
| Opportunity Zone |
Yes |
1 1
PROPERTY TAXES
| Parcel Number | 142-03-04-002.001 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $413,000 |
PROPERTY TAXES
Parcel Number
142-03-04-002.001
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$413,000
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515 Everly Brothers Blvd - 120 Manufactured Housing Rental Portfolio: KY
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