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A Three Park Portfolio with 215 Sites
La Feria MHP
- 80 Lots - Not Including Office
- Offering Price: $2,435,000
- Actual CAP Rate: 7.75%
- Pro-forma CAP Rate: 8.71%
Esperanza MHP
- 81 Lots and Rentable Spaces - Including Office, Apartments, and House
- Offering Price: $2,380,000
- Actual CAP Rate: 6.49%
- Pro-forma CAP Rate: 10.36%
Flour Bluff RV and MHP
- 54 Lots - Including the Office
- Offering Price: $1,885,000 (Without the Corner Lot)
- Actual CAP Rate: 13.71%
- Pro-forma CAP Rate: 14.71%