Buffalo River Mobile Home Community

Compelling opportunity to acquire a three–mobile home park portfolio in Arkansas totaling 73 rentable lots, offered as a package sale for immediate scale and operational efficiency. This cash-flowing portfolio is positioned in markets with strong demand for affordable housing, a sector that continues to outperform across economic cycles. The parks feature established infrastructure, individually metered lots, and a stable tenant base, providing in-place income with clear value-add upside through rent optimization, infill, and improved management practices. Portfolio ownership allows for centralized operations, lower per-unit expenses, and accelerated NOI growth. Arkansas remains an attractive investment market due to favorable landlord regulations, population stability, and limited new supply of mobile home communities. These parks benefit from consistent occupancy and durable demand driven by workforce housing needs. Ideal for experienced investors seeking a scalable entry or expansion in the mobile home park sector. Immediate cash flow with long-term appreciation potential in a supply-constrained asset class. Financials and supporting documentation available upon request.

A three-property mobile home park portfolio in Monticello, Arkansas, combining established income with multiple paths for future growth. The portfolio currently contains 66 doors and produces $533,160 in reported annual gross income. Development is underway for 18 additional lots, with more land available for potential expansion. The offering combines current cash flow, active lot development, available land and the potential benefit of nearby industrial growth.

PROPERTY HIGHLIGHTS • Add Value By Raising Rents to Market Level, Infilling Vacant Sites, and RTO Current POHs • City Water & Sewer • Strong Student & Workforce Housing Market • Homes in Good Condition and Well Kept • Renters Versus Home Owners in Monticello: 54% : 46% • Pro Forma Annual Gross $307,872 By Raising Rents To Mkt Level • Pro Forma Annual Gross $405,648 By POH Infill & Raising Rents to Mkt Level

Lamplighter Village is a 74-unit mixed-use manufactured housing community located in the Little Rock MSA on approximately 6.5 acres. The property features a diversified mix of lot renters, rent-to-own homes, park-owned homes, and apartments, providing multiple avenues for income growth through rehab, lease-up, and infill. Current occupancy consists of 6 occupied lot-rent sites averaging approximately $392/month, 23 occupied rent-to-own homes averaging $425/month in lot rent plus $316/month in home payments, and 1 occupied apartment at $650/month. An on-site manager is already in place. The property offers significant value-add potential, including 23 vacant park-owned homes, approximately 6 homes likely requiring demolition, 5 vacant apartments, and 16 vacant lots. Approximately 14 smaller sites can also accommodate park model homes, creating additional infill potential. Utilities consist of city water and sewer, with utilities sub-metered and billed back to tenants. A new owner has the opportunity to improve performance by rehabilitating existing homes and apartments, increasing occupancy, and infilling available sites. At the $1,850,000 acquisition price, Lamplighter Village is offered at approximately $25,000 per site and an 8.28% current combined cap rate, providing an attractive acquisition basis with substantial existing vacancy and upside. The pro forma conservatively assumes approximately $75,000 in miscellaneous CapEx and more than $350,000 reserved for infill and rehabilitation costs. Even after accounting for over $425,000 in planned capital investment, the property is projected to achieve a 5-year IRR exceeding 30% under the pro forma assumptions. Lamplighter Village represents a rare opportunity to acquire a 74-unit community at a low basis within a major MSA. With existing management, city utilities, substantial capital already accounted for in the underwriting, and multiple paths to increase occupancy and NOI, the property offers significant value-add potential and projected returns exceeding a 30% IRR over a five- year hold.

To download the financials please click "See OM" or "Due Diligence" and you will be prompted to sign a confidentiality agreement. Once done you will have immediate access. For all inquires please contact marketing admin Devon Yules, DevonY@mhpvalue.com, 508.630.6841 The The MHP Value Team is please to offer for sale Searcy RV Resort, a 52-site community consisting of 49 RV sites and 3 vacant manufactured home sites, situated on approximately 12.21 acres in Kensett, AR. The property also includes 6 outdoor storage units currently rented for $45 per month each, providing additional ancillary income. The community is serviced by city water and city sewer and offers investors a stabilized RV asset with strong in-place cash flow and significant future upside. Current rental rates are $475–$500 monthly, $150 weekly, and $40 daily, with all RV sites featuring both 30 & 50 amp hookups. The park is primarily occupied by long- term residents, providing stable and predictable recurring revenue. Ownership has maintained strict tenant standards that have helped preserve a clean, quiet, and well- maintained community environment while supporting operational stability. Since acquiring the property, ownership has completed several capital improvements, including construction of a new pavilion, upgraded laundry facilities, installation of security cameras, a dumpster enclosure, and grading work throughout the community. In addition to the existing operations, the property includes approximately 5 acres of excess land available for future development, with the potential to add 50+ additional RV sites. With continued demand for quality long-term RV housing and meaningful expansion potential, Searcy RV Resort presents an attractive opportunity to acquire a well-maintained asset with stable income and future growth opportunities.

Multifamily Property Advisors is pleased to present the exclusive opportunity to acquire Rock Estates Mobile Home Park, a 33-site manufactured housing community strategically located along East Washington Street in North Little Rock, Arkansas — the dynamic north shore of the Little Rock-North Little Rock-Conway MSA. The Property offers an exceptional value-add opportunity for an incoming operator. With 19 of 33 sites currently occupied and homes renting at $325–$375/month, a new owner can capture meaningful upside by (1) infilling the 14 vacant sites, (2) marking rents to a market-supported $425+ per month, and (3) maintaining the Community's highly efficient direct-bill utility structure. Critically, the Community is direct billed for city water and sewer — eliminating the single largest operating expense and reimbursement headache faced by most park owners. The Property's flat topography, paved interior road, and city-served infrastructure offer turnkey operational simplicity rarely found at this price point. At an asking price of $1,089,000 ($33,000 per site), the Property is priced well below replacement cost and below comparable manufactured housing transactions in the Central Arkansas market.