Hill City MHC LLC

20 unit mobile home park with room for expansion. This is a new development with 12 homes purchased new and 8 homes preowned.

Nearly eight acres, for your mobile home park, residential development, multi fam or industrial. Currently zoned R-1, surrounded by R-3 and I-G (Industrial). Currently in 6 parcels. Owner will work with buyer to join parcels and to change zoning if needed. Approximately 800' of frontage on Buckman Street (Preston Highway). Convenient to retail, industrial, and interstate access. Utilities, at the property, NOT in flood plain

Prime location just off Exit 16 with direct visibility and easy access to I-24, just minutes from town and nearby amenities. This income-producing property offers multiple revenue streams on 3.73 acres: a mobile home park with nine tenant-owned mobile homes, a former strip motel converted into two apartments (one currently used for storage), a residence currently operating as a residential/service business, and a former garage for additional storage or flexible use. More than 4,000 square feet under roof, 100% occupied by long-term tenants. City water and sewer, gravel streets. Current rents run $250-$300 per lot, $610 for the business rental and $675 for the apartment. That's $3,735 a month, $44,820 a year and $25,291 NOI. Bring the second apartment online and move rents toward the seller's projection and it runs to $5,225 a month, $43,171 NOI and a 7.99% cap at asking price. Also included is approximately one acre of undeveloped land overlooking I-24 with future mixed-use potential, subject to applicable zoning regulations and governmental approvals. A rare opportunity to acquire a well-located, diversified income-producing property with strong occupancy and room to grow. Rent roll available. Schedule your private showing today. LaDonna Umstead | Elite Realty 270-331-2820 | ladonnaumstead@gmail.com

Link to Deal Room: https://www.marcusmillichap.com/properties/200573/spring-park-mhp Marcus & Millichap has been selected to exclusively market for sale the Spring Park Mobile Home Park in Magnolia, KY. This offering will allow a potential investor to purchase a rare value-add investment opportunity located in the heart of Kentucky. Spring Park MHP is a low‑density, 5.51 acre mobile home community featuring eleven tenant‑owned home lots, offering stable income with minimal management needs. The property provides ample open space and straightforward operations while serving long‑term residents in a quiet Magnolia setting with convenient access to Hodgenville and Elizabethtown. Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing. At no point should tenants or staff be contacted regarding the sale of the Spring Park MHP.

The MHP Value Team is pleased to offer for sale West Town MHP, a 12-site mobile home community located in Benton, Kentucky. The community currently provides investors with a 10.20% day-one cash-on-cash return and an average projected IRR of 22%. The park consists of 3 lot renters with an average lot rent of $175/month and five rent-to-own units generating an average of $348/month and 4 vacant lots. The property is serviced by city utilities, supporting straightforward operations for the next owner. The investment strategy for West Town MHP involves increasing lot rents toward market rates, improving operations, and eventually selling the rent-to-own homes to the tenants, reducing ownership responsibilities and operating expenses over time. A new investor has the opportunity to acquire a cash-flowing community with attractive seller-financing terms, The seller is willing to hold a note of $210,000 at a 5% interest rate, interest only payments for a five year term. Important Note to Prospective Buyers from Pace Morby: Congrats to all new members of the “Creative Finance” and “Subto” communities. We appreciate your interest and enthusiasm. Please note that we work exclusively with qualified, verified buyers. Our clients are not seeking first-time purchasers attempting to acquire mobile home parks with no capital investment. We will also not share proprietary Seller information with any intermediaries, including, but not limited to, scouts, “bird dogs,” or third parties.

KNOX COUNTY, KY - The MHP Broker is pleased to present City View MHP, a value-add mobile home park and redevelopment opportunity located in Barbourville, Kentucky, the county seat of Knox County. The property consists of approximately 43 existing and potential mobile home/RV sites situated across multiple parcels totaling approximately 3.87 acres. Offered at a reduced list price of $300,000, the investment presents an attractive basis relative to replacement cost and offers significant upside through park stabilization, infill, redevelopment, and operational improvements. The property is served by city water and sewer, with infrastructure already in place throughout the community. Historically operated as a mobile home park for decades, portions of the property may benefit from longstanding nonconforming or grandfathered use status; however, buyers are encouraged to independently verify zoning, grandfathering, floodplain considerations, density allowances, and future intended use with the City of Barbourville and Knox County during due diligence. The opportunity is best suited for experienced operators, redevelopment-focused investors, or groups comfortable navigating entitlement, zoning, and infill execution strategies. With a low basis, existing infrastructure, and multiple potential paths to value creation, City View MHP offers a unique repositioning opportunity within an affordable housing sector that continues to see strong long-term demand. The park presently has 2 occupied POH generating $865 and $600 respectively. Additionally, the property contains 19 vacant POH in unsalvageable condition that can be removed to unlock significant redevelopment upside. Upon removal, the park will offer 41 vacant pads ready for new home installation. Internal roads throughout the community are paved but will require improvement. The area benefits from stable employment drivers including healthcare, education, manufacturing, logistics, and government services, with major employers such as Barbourville ARH Hospital, Union College, Knox County Schools, and regional employers in nearby Corbin. This offering represents a compelling value-add and infill investment supported by strong affordable housing and workforce housing demand. HUD and Section 8 rent benchmarks in the area materially exceed current lot rents, providing meaningful upside while maintaining affordability for residents. With existing utility infrastructure, flexible zoning, and durable employment fundamentals, the property offers a clear path to infill execution, rent growth, and long-term cash flow stabilization.