Central FL MHP Portfolio
MR. LANDMAN, LLC has been retained by an investment group currently under contract to assign their contractual rights to a 3rd party.
This portfolio comprises five manufactured home parks (MHPs) located within two neighboring communities in Polk County, FL. In total, the portfolio consists of 53 units, comprising 48 park-owned homes (POH) and five single-family residences (SFRs). Approximately 71% of the tenants have resided in the parks for over one year, indicating minimal turnover. All properties are zoned for mobile homes or mobile home parks, with rent payments facilitated through the doorloop app. The assignor assesses the roads as being in 'good' condition and asserts the absence of code violations. The current owner, a handyman, has promptly addressed repair needs, minimizing deferred maintenance for future ownership. Financial records provided to the listing agent indicate that...
This portfolio comprises five manufactured home parks (MHPs) located within two neighboring communities in Polk County, FL. In total, the portfolio consists of 53 units, comprising 48 park-owned homes (POH) and five single-family residences (SFRs). Approximately 71% of the tenants have resided in the parks for over one year, indicating minimal turnover. All properties are zoned for mobile homes or mobile home parks, with rent payments facilitated through the doorloop app. The assignor assesses the roads as being in 'good' condition and asserts the absence of code violations. The current owner, a handyman, has promptly addressed repair needs, minimizing deferred maintenance for future ownership. Financial records provided to the listing agent indicate that the current owner invested over $125,000 in repairs, maintenance, and tree work in the past year. Notably, the majority of trailers are older, with titles retired.
MR. LANDMAN, LLC is a licensed real estate entity in the State of Florida under Lic#CQ1062293. Jonathan Fisher is a licensed broker in the State of Florida under LIC#BK3489532.
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