1037 Barkeyville Rd, Grove City, PA 16127-6057

This portfolio comprises seven manufactured home communities totaling 526 sites across multiple Pennsylvania counties within the Pittsburgh MSA. Currently operating at 63% occupancy, generating a Net Operating Income (NOI) of $951,485, this Class C value-add investment presents significant upside potential. The portfolio includes 333 tenants, 379 mobile home lots, 12 RV lots, 2 single-family homes, and 41 park-owned homes (POH), along with 28 rent-to-own homes (RTO) and 193 vacant lots. The limited number of POH units presents an opportunity to convert to tenant-owned homes, increasing cash flow and reducing operational expenses. The strong demand for affordable housing in the Pittsburgh MSA, coupled with the potential for rent growth and increased occupancy, makes this a compelling investment opportunity. The portfolio's scale allows for economies of scale in management and operations, enhancing stability and growth potential. This is a unique opportunity to acquire a well-established, cash-flowing asset with significant value-add potential in a stable and growing market. Interested parties should submit offers including price, inspection timelines, terms, proof of funds, due diligence requirements, and relevant experience.