BWE MHC

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Fort Wayne Estates
Available
001

Fort Wayne Estates

Location: Fort Wayne, IN

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Price: $2,500,000

Total Lots: 79

TOH: 14

POH: 38

Vacant POH: 14

Vacant Lots: 12

License: B67571000 (IA)

Overview: Fort Wayne Estates is an 79-site manufactured housing community located in Fort Wayne, Indiana, a strong and steadily growing metro area. Current average lot rent is $492 with 52 lots occupied.

M&W MHC
Available
002

M&W MHC

Location: Muscatine, IA

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Price: $2,650,000

Total Lots: 130

TOH: 58

POH: 13

Vacant POH: 6

Vacant Lots: 53

License: B67571000 (IA)

Overview: M&W Manufactured Housing Community, a 130-site manufactured housing community located in Muscatine, IA (Quad Cities MSA). The property is serviced by well water and a rand-new wastewater treatment plant that was built in 2022, along with roads that were just repaved 2 years ago.

Cape Fear MHC
Under Contract
003

Cape Fear MHC

Location: Fayetteville, NC

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Price: $16,000,000

Total Lots: 182

TOH: 1

POH: 121

RTO: 6

Vacant POH: 53

License: 298998 (NC)

Overview: Cape Fear is a 182-lot mobile home rental community located in Fayetteville, North Carolina. Less than 3 miles from the center of downtown Fayetteville, approximately 65 miles from the state capital, Raleigh. The current average lot rent is $671. Cape Fear is serviced by public water & sewer and curbside trash, which are all direct billed to tenants. The utility company maintains the lines within the community, leaving the park owner responsible for anything from the lot submeter and beyond.

Ohio & Indiana 3-Park Portfolio
Under Contract
004

Ohio & Indiana 3-Park Portfolio

Location: Bluffton, IN; New Lebanon, OH; & Somerset, OH

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Price: $3,800,000

Communities: 2

Total Lots: 136

Vacant Lots: 43

TOH: 88

License: RB14037939

Overview: BWE Investment Sales, LLC (BWE) is pleased to offer the exclusive opportunity to acquire the Ohio & Indiana 3-Park Portfolio, 136 total lots across 3 communities. The portfolio consists of Walnut Hills MHC (50 lots) in Bluffton, IN; New Lebanon HC (46 lots) in New Lebanon, OH; and Somerset MHC (40 lots) in Somerset, OH.

Lakeside GCI
Under Contract
005

Lakeside GCI

Location: Fayetteville, NC

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Price: $2,600,000

Communities: 1

Total Lots: 65

Occupancy: 63%

TOH: 24

POH: 17

License: 298998

Overview: BWE Investment Sales, LLC (BWE) is pleased to offer the exclusive opportunity to acquire Lakeside GCI, a 65-lot mobile home community in Fayetteville, NC. The current average lot rent is $393. The community is serviced by public water & sewer, which are direct billed, and curbside trash, which is billed back to tenants.

Greencastle Acres
Under Contract
006

Greencastle Acres

Location: Greencastle, IN

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Price: $7,000,000

Communities: 1 + 47 expansion lots

Total Lots: 108

Occupancy: 99%

TOH: 46

RTO: 47

Other Units: 4

License: RB14037939

Overview: BWE Investment Sales, LLC (BWE) is pleased to offer the exclusive opportunity to acquire Greencastle Acres. Greencastle Acres is a 108-unit mobile home community located in Greencastle, Indiana, about 50 miles west of the Indianapolis metropolitan area. Just 2 minutes down the road from the community is DePauw University, one of the best liberal arts colleges in the Midwest.

2-Park Greenville NC MSA Portfolio
Under Contract

Price: $6,500,000

Communities: 2

Total Lots: 116

Occupancy: 99%

TOH: 107

POH: 3

RTO: 3

License: 298998

Overview: BWE Investment Sales, LLC (BWE) is pleased to offer the exclusive opportunity to acquire Zanesville 6-Park Portfolio, 443 total lots across 6 communities. The portfolio consists of Greenlawn Estates, Colonial Hills, Colonial Village, Colonial Place, Colonial Valley, and Eagle Oaks - all of which are within one hour of the Columbus metro area.

11-Park TN & KY Portfolio
Available
008

11-Park TN & KY Portfolio

Location: Tennessee & Kentucky

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Price: $20,500,000

Total Lots: 487

Storage Units: 101

Communities: 11

License: 204982 (KY) / 344465 (TN)

Overview: The 11-Park TN & KY Portfolio is surrounded by several major cities experiencing significant growth, including Nashville, Knoxville, Chattanooga, and Huntsville. The surge in the economy in these metro areas provides various employment opportunities for nearby residents and makes the surrounding suburbs a desirable place to live.

North Alabama 3-Park Portfolio
Available
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North Alabama 3-Park Portfolio

Location: Northern Alabama

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Price: $8,250,000

Total Lots: 214

Storage Units: 5

Tenant Owned Homes: 107

Rent-to-Own Homes: 38

License: 119315 (AL)

Overview: The average lot rent for this 3-park portfolio is $414. Both communities have public electric that is directly billed to the tenants. There are 51 vacant lots across the portfolio, providing an immediate value add opportunity through infill.

Paducah Portfolio
Available
010

Paducah Portfolio

Location: Paducah, KY

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Total Site: 225

Lot Rent: $346

Occupancy: 80%

TOH Unit Mix: 109

Water & Sewer: Public

License: 204982 (KY)

Overview: Paducah 2-Park Portfolio, consists of Indian Oaks Reserve (138 lots) and Woodlawn Reserve (87 lots) for a total of 225 lots. Indian Oaks Reserve and Woodlawn Reserve are located about 3.5 miles apart, providing a new buyer immediate operational efficiencies.

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