Dec '25 • Deal Flow, Pipeline, & Offers
Off-Market Assignment MHP's
Hi All-
A client of mine is looking to assign two small deals, high level parameters below. Send me an email if you would like to an introduction to learn more:
Deal 1: Huntsville, Texas
A total 42 lots between two properties, with 28 currently occupied (72% tenant-owned homes)
- Occupied Lots: 28 (22 TOH, 3 POH, & 3 Tiny Homes)
- Lot Rents Average: $275/ (below market comps of $450-$500)
- Utilities: City water & septic (park-paid)
- Asking Price: $890,000 (~$21K/lot)
Deal 2: Butler, Pennsylvania
A total of 38 lots, with 30 currently occupied (56% tenant-owned homes)
- Lot Rents Average: $350/ (below market comps of $425-$450)
- CAP Rate: ~8% on current NOI
- Utilities: Well & septic (park-paid)
- Occupied: 30 (17 TOH, 3 POH, & 10 Lease Options)
- Asking Price: $1,150,000 (~$30K/lot)
4
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Off-Market Assignment MHP's
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