4-Star Community with Stabilized Operations and Growth Potential
201-site manufactured housing community operating at approximately 93% occupancy, providing in-place cash flow with opportunity to further stabilize and enhance revenues.

Significant Expansion Opportunity
26.7 acres within the 84.39-acre community footprint provide capacity for up to 94 additional sites, enabling phased development and long-term NOI growth.

Attractive Scale & Land Basis
Large acreage and mid-sized existing community support operational efficiencies while offering optionality through infill and expansion.

Lake Charles–Area Location
Located in Sulphur, LA within the Lake Charles metro area, supported by regional employment drivers and limited supply of affordable housing.

Core-Plus / Value-Add Hybrid Profile
Combination of stabilized cash flow and embedded expansion upside positions the asset for attractive risk-adjusted returns. Limited Number of Park Owned Homes Only 21 park-owned homes, representing a small portion of the community, provide immediate rental income with a clear path to conversion to tenant-owned homes, enhancing margins and reducing operational complexity.