This mobile home park portfolio features 22 lots and is located in Southeast, IA in the towns of Donnellson and Rome, IA. The properties are approximately 30 minutes from each other offering new ownership additional scale of management. The current portfolio manager lives in the Rome, IA park and assists with point of contact work, offering both local and out of state investors an easy transition.

This portfolio offers upside in current lot rents. Current competitors in the area are consistently charging in the high $200s to mid $300s per month.

It also offers a good opportunity for new ownership to sell off the park owned homes to minimize expenses, while making a higher profit for several years through contract sales.

The park streets for both properties are owned and maintained by the respective cities, and water/sewer are direct billed in Rome, and billed back to tenants in Donnelson. This offers new ownership minimal fixed expenses, which will translate to higher immediate returns with all future lot rent increases.