Country Living Estates: Manufactured Housing Community

Description:

Stable Cash Flow with Significant Value-Add Upside
• 32 Developed Community Lots – Well-established manufactured housing community with infrastructure in place.
• 21 Park-Owned Rental Homes providing consistent income and easy management.
• Two Tenant-Owned Homes, one under long-term contract through April 2039.
• Four Vacant Lots ready for immediate infill to boost NOI.
• Five Future Expansion Lots currently inactive due to lateral field; future sewer access could unlock additional value here by making these lots usable.
• Two Adjacent Parcels featuring two additional park-owned rental homes, offering operational efficiency and portfolio scale.
• Excess Land for Growth – Potential to develop up to four new land/home sites, expanding total lot count and revenue
potential

Multiple Value-Add Levers –
• Raise rents to market to enhance yield.
• Infill vacant lots for near-term income growth.
• Develop additional parcels for long-term upside.

Located on Garfield Woodrow Road in Garfield, KY.

---

Report Listing This listing was syndicated through:

Listing ID: a28TP000001jeVNYAY