• Broker Nick Lore 7046547331
  • Broker John Leonard 6788082750
  • Broker Ryan Lipomi 8439522223
  • Broker William Graves 8439522267
  • Broker Dylan Hellberg 8439522222
  • Broker Eddie Greenhalgh 2058076554

Southeast MHP Portfolio (CMBS) 10 Multifamily Properties Offered at $8,950,000 in Multiple Locations

View Photo

INVESTMENT HIGHLIGHTS

  • The portfolio’s positioning across 5 states provides management & operational efficiencies, allowing a new owner to leverage cost-effect strategies
  • 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, and South Carolina. This portfolio encompasses a total of 309 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.

PROPERTY FACTS

Price $8,950,000
Price / SF $12.73 / SF
Cap Rate 8.23%
Sale Type Investment
Status Active
Number of Properties 10
Individually For Sale 0
Total Building Size 703,168 SF
Total Land Area 79.92 AC

PROPERTIES

PROPERTY NAME / ADDRESS PROPERTY TYPE SIZE YEAR BUILT INDIVIDUAL PRICE
1657 Joe Lawrence Rd, Ashburn, GA 31714 Multifamily 38,000 SF 1970 -
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 -
15928 Dean Dr, Brookwood, AL 35444 Multifamily 304,920 SF 1900 -
Sherrill MHP
15 Higdon loop, Andrews, NC 28901
Multifamily 240,016 SF 1977 -
1201 Secession Ave, Abbeville, SC 29620 Multifamily 672 SF 1975 -
Mapletree Mobile Home Park
3605 County Road 47, Clanton, AL 35045
Multifamily 20,000 SF 1970 -
115 Rip Wiley Rd, Fitzgerald, GA 31750 Multifamily 22,000 SF 1988 -
Verbena MHP
24 County Rd County Rd 24, Verbena, AL 36091
Multifamily - 1980 -
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LINKS

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ADDITIONAL PHOTOS

View Photo 501 Green St
View Photo 1657 Joe Lawrence Rd
View Photo 254 E Clifton Ave
View Photo 15 Higdon loop
  • Listing ID: 34802824

  • Date on Market: 2/12/2025

  • Last Updated: 5/21/2025

  • Address: Southeast MHP Portfolio (CMBS), Ashburn, GA

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