BWE MHC

ExecutiveSummary-2ParkGreenvilleNC

2-Park Greenville NC MSA Portfolio

Executive Summary

The 2-Park Greenville NC MSA Portfolio consists of 114 total lots across 2 communities: Deer Run Estates (# lots) in Greenville, NC and Ashmatau MHP (# lots) in Washington, NC. The communities are located within 40 minutes of each other, and they are both around an hour east of the Raleigh metro area. The portfolio is majority tenant owned (94%), with a current average lot rent of $416 and an occupancy of 99%. Both communities are on public water (direct bill) and private sewer (included in rent).

The 2-Park Greenville NC MSA Portfolio is situated approximately an hour from the state capital of Raleigh and other large neighboring cities, meaning residents have access to various entertainment options, higher education institutions, and job opportunities with major employers. East Carolina University (ECU) is nearby both communities, not only providing an excellent opportunity for higher education, but also serving as a significant employer in the region. The 2-Park Greenville NC MSA Portfolio is also within two hours of the East Coast beaches.

2-Park Greenville NC MSA Portfolio

Portfolio Overview

The communities are located within 40 minutes of each other, and they are both around an hour east of the Raleigh metro area. The portfolio is majority tenant owned (94%), with a current average lot rent of $416 and an occupancy of 99%. Both communities are on public water (direct bill) and septic (included in rent).

2-Park Greenville NC MSA Portfolio
COMMUNITIES

2

TOTAL LOTS

114

TOH

3

RTO

3

WATER

Direct Bill

Public

SEWER

Included in Rent

Septic

WELCOME TO GREENVILLE NC MSA PORTFOLIO

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