03/13/2014
Current Inventory:
Southwestern Location
Size: 4 Star Senior Park - 443 Spaces
Cap Rate: 6.14%
Cash Flow: 8.33%
Melody MH Estates (El Cajon, CA)
Size: 2.5 Star - 52 Sites
Cap Rate: 5.89%
Cash Flow: 7.8%
Idle Wheels MHP (Bakerfield, CA)
Size: 2.5 Star - 32 Sites
Cap Rate:8.61%
Cash Flow: 15.4%
Also includes a 1100sq/ft. SFR and 500sq/ft. Laundry & storage facility.
Prince MHP (Tucson, AZ)
Size: 2.5 Star - 61 Sites
Cap Rate: 6.84%
Cash Flow: 9.8%
Lamplighter MHP (Tuscon, AZ)
Size: 2.5 Star - 67 Sites
Cap Rate:7.51%
Cash Flow:11.6%
Cottonwood Professional Offices (Casa Grande, AZ)
Size: .95 Acres Total Land
Cap Rate: 5.77%
Cash Flow: 7.52%
Chaparral Mobile Village (Tempe ,AZ)
Size: 3 Star 359 - Sites
Cap Rate: 6.01%$
Cash Flow: 6.6%
Covered Wagon RV Park (Phoenix, AZ)
Size 2 Star - 47 Sites
Cap Rate: 9.73%
Cash Flow: 17.1%
Lone Mountain MH Ranch (Las Vegas, NV)
Size: 2.5 Star - 82 Spaces
Cap Rate: 8.00%
Cash Flow: 12.6%
Shade Tree Village (Reno, NV)
Size: 2.5 Star - 62 Sites + 2bdr,1ba SFR
Cap Rate: 7.41%
Cash Flow 11.9%
62nd Site is used for office and storage.
For a list of closings see:http://www.mhpbroker.com/SoldList.pdf
Specialties: Senior Director, National Manufactured Housing Group.
I specialize in the listing and sale of Manufactured Home Communities and RV Resorts nationwide. I also own and operate 6 Mobile Home Communities; 5 in California, and 1 in Arizona.
Detailed information can be found on my website: http://www.mhpbroker.com