This 11 lot MHC is located in Chappell, NE. The property features City maintained streets, long term tenancy, and below market rents. The property offers various avenues for upside including lot rent stabilization, minor infill, and utility bill back.

This property has seven long term tenants in Tenant Owned Homes, offering an easy transition for new ownership. The property would be a great opportunity for a newer manufactured housing community investor or an easy addition to an experienced investor's portfolio.

By billing back water and raising lot rents closer to the market rate in the short term, new ownership can more than double the current CAP rate within the first year without the need for infill. This community offers a unique ability to quickly appreciate the property with minimal investment.