New Mexico Portfolio

BWE is pleased to present an 11-community manufactured housing portfolio across Las Cruces and Alamogordo, New Mexico — offering a rare opportunity for scaled entry in two supply-constrained affordable housing markets. With 75 vacant pads and 67 vacant POHs representing 142 units of available inventory, a new owner has an immediate, clearly defined path to revenue growth through lease-up, infill and sustainable rent growth. In-place lot rents of ~$427/month sit well below market comps of $470– $575/month, providing a second independent lever for NOI expansion as occupancy stabilizes. The portfolio’s 11-community footprint across two proximate markets — just 67.5 miles apart — supports a single regional management platform, shared vendor relationships, and centralized operations that compress overhead and drive margin improvement at scale.