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26776595
26776594

100 Austin Ln, Greenville, KY 42345

TW
KY RE 289432
SRS Louisville
CR
KY 294153
SRS Real Estate Partners Louisville
Listed by SRS Louisville, SRS Real Estate Partners Louisville
Unpriced
283 days on market
Updated 37 days ago

120 Manufactured Housing Rental Portfolio: Kentucky

Details
Property Type Multifamily
Sub Type RV Park
Tenancy Multi

• Turnkey 120-Unit Portfolio • 99 Community Sites • 17 Land/Home Sites • 4 Traditional Stick-buil...

Marketing description

• Turnkey 120-Unit Portfolio • 99 Community Sites • 17 Land/Home Sites • 4 Traditional Stick-built Houses • 66 Community-owned Manufactured Homes • Includes 5 distinct AMH communities with the balance of the portfolio being individual MH land/home sites and traditional stick-built houses delivering operational economies of scale and geographic diversification within Muhlenburg and McLean counties. • Portfolio's scale offers immediate and reliable cash flow across two counties in Western Kentucky. • Located in contiguous Muhlenberg and McLean counties enables centralized management and operations, lower overhead cost and easier oversight. • Local demand for affordable housing supports long-term occupancy stability as well as real rent growth potential. • Strong rent rolls with immediate opportunity to infill vacant lots and to increase rents to market rates. • Seller is the largest independent Manufactured Housing retailer in Western Kentucky and is open to making arrangements with the buyer to provide turnkey lot infill in the coming years. • Diverse mix of single and double-wide homes appeals to a broad range of tenants seeking quality, affordable living. • Well-maintained sites with long-term residents and stable occupancy underscore the desirability of these communities. • Muhlenberg and McLean Counties have diversified economies with a stable and growing employment base.

Listing Contacts

TW
KY RE 289432
SRS Louisville
CR
KY 294153
SRS Real Estate Partners Louisville
Listed by SRS Louisville, SRS Real Estate Partners Louisville

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Additional Information

Name
Tony Wilcox
License
RE 289432
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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