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6 Park Port - VT 6 Properties Offered at $6,070,823 in Multiple Locations

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INVESTMENT HIGHLIGHTS

  • 7.6% Cap Rate On Entry
  • Below Market Rents
  • Stable Asset - Well Managed Park
  • Stabilized With Upside
  • 99% Occupancy

EXECUTIVE SUMMARY

A 116-lot manufactured housing community portfolio located across six sites in Rutland, Orange, Johnson, Barre, Essex Junction, and Washington, Vermont. This offering represents a rare opportunity to acquire a cash-flowing, infill-ready portfolio in a high-demand market with strong demographics and limited affordable housing supply.
These communities are situated within or proximate to the Burlington–South Burlington MSA, Vermont’s most populous region. The area benefits from consistent housing demand, low vacancy rates, and one of the strongest rental markets in the state. Burlington is anchored by institutions such as the University of Vermont and UVM Medical Center and is known for its high quality of life, progressive planning, and stable economy. Manufactured housing in this region serves a broad demographic range including working-class families, retirees, and residents priced out of the traditional housing market.
The portfolio totals 116 units across six parks, with 115 currently occupied and 4 park-owned homes (POH). Across the portfolio, average lot rent is $475/month. Pleasant View MHP and Washington North MHP contain 4 occupied POHs and 1 vacant lot offering immediate upside potential through infill, POH to TOH conversion and operational improvements. The average expense ratio across the portfolio is approximately 40%, supporting strong net operating income performance and immediate cash flow.
The properties are served by a mix of public and private utility infrastructure. Dorr Dr, East Barre, and Pleasant View MHPs are on city water and sewer, while Mountain View and Washington North operate on private well and septic systems. All systems are actively maintained, with metering and billback improvements underway or scheduled for installation in Q3 2025. Trash is tenants responsibility at all parks except for Dorr where landlord provides dumpster. Road maintenance is managed by the park owner.
The portfolio is located in Vermont’s most attractive submarkets, with citywide 2-bedroom apartment rents averaging $2,100 and 3-bedroom rents averaging $2,825 in Burlington. Median home prices are over $478,000 and median household income in the Burlington MSA is $94,310, illustrating the affordability gap that continues to drive strong demand for quality manufactured housing communities. With limited supply of affordable housing, rising homeownership barriers, and a regulatory environment that restricts new park development, this Vermont portfolio offers investors a stabilized, value-add opportunity with meaningful upside. All parks are currently performing with 99% occupancy and provide an excellent platform for scalable operations and future rent growth.
We are asking investors to submit offers at or above $6,070,823, a 7.56% cap rate upon entry. Parks may be purchased separately. All offers must include price, inspection timelines, appropriate terms, proof of funds, a list of due diligence items required from ownership, and relevant real estate experience. This portfolio presents a new buyer with a very well located and strongly stabilized portfolio with future upside. Both conventional recourse, non-recourse, and bridge lending options should be available.

PROPERTY FACTS

Price $6,070,823
Price / SF $93.34 / SF
Sale Condition Bulk/Portfolio Sale
Cap Rate 7.60%
Sale Type Investment
Status Active
Number of Properties 6
Individually For Sale 0
Total Building Size 65,043 SF
Total Land Area 33.45 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
596 S Barre Rd, Barre, VT 05641 Multifamily 31,200 SF 1990 -
65 River Rd, Essex Junction, VT 05452 Multifamily 1,384 SF 2000 -
7 Mountain View Park Pl, Johnson, VT 05656 Multifamily 30,000 SF 2000 -
East Barre MHP
180 Mill st, Orange, VT 05641
Land 3.50 AC - -
195 Dorr Dr, Rutland, VT 05701 Multifamily 1,000 SF 2020 -
95 Donna Ln, Washington, VT 05675 Multifamily 1,459 SF 2020 -
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  • Listing ID: 37468726

  • Date on Market: 8/29/2025

  • Last Updated:

  • Address: 6 Park Port - VT, Barre, VT

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