Rawlins, WY USA, Rawlins, WY 82301

Yale Realty and Capital Advisors are pleased to present the exclusive opportunity to acquire a five-park, 200+ site manufactured home portfolio located primarily in Rawlins, Wyoming. This portfolio includes 150+ parkowned homes built in 2006 or newer, with 44 of them being less than five years old. The relatively new, high-quality inventory simplifies management compared to most park-owned home portfolios. Given the proximity of the communities to each other all city utilities, investors can expect and enjoy management efficiencies and lower operating expenses. This unique opportunity allows an operator to enter a market with a portfolio and economies of scale, a rarity in the mountain states. Value-add opportunities include bringing in homes to occupy 20 vacant sites and adding 18 more sites at one of the parks with a waiting list and water/sewer lines already in. Given the high percentage of newer parkowned homes, there is a unique opportunity to profit from purchasing homes at discounted wholesale prices and steadily selling them at a profit to create tenant-owned home communities. Alternatively, a buyer could operate as is and enjoy the additional $850K+ in income generated by the homes each year. Additionally, the buyer has the opportunity to lease up remaining RV spaces recently made available at one of the properties. This portfolio represents a robust investment with multiple avenues to increase NOI and property values in strong and growing markets.