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3 MHC Portfolio

SOUTHERN NEW JERSEY

21-web-or-mls-DJI_0124
11-web-or-mls-7I2A5492
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4-web-or-mls-6Y8A1430
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Marcus & Millichap is pleased to present the opportunity to acquire the New Jersey 3 MHC Portfolio, a 91-site manufactured housing portfolio comprised of three established communities
strategically located throughout Cumberland
County, New Jersey. The portfolio will be delivered 100% occupied at close, with an average monthly lot rent of $720 and strong in-place cash flow supported by durable workforce housing demand. Located in Vineland and Fortescue, the communities provide convenient access to major employment centers throughout Southern New Jersey and the greater Philadelphia metropolitan area.

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Offered at $9,920,000

 

Detailed financials are available upon execution of the NDA.

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Listed By:

Jonathon McClellan

(216) 288-1793

JMcClellan@ipausa.com

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Connor Outcalt

(440) 829-6137

COutcalt@ipausa.com

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Michael DiCillo

(310) 867-0727

MDiCillo@ipausa.com

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Jim McGuckin

Broker of Record

License: 2082114

250 Pehle Avenue, Suite 501
Saddle Brook, NJ 07663

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