Specialville Estates

Investment Highlights Property Highlights • 53 Total Pads • Mixed Manufactured Housing & RV Community • Approximately 9 RV Sites with Consistent Occupancy • 30 Tenant-Owned Homes (TOH) • 14 Park-Owned Homes (POH) • City Water & City Sewer • Metron Sub-Metering Installed for Utility Bill-Back • Trash Included with MH Lot Rent • Professionally Managed Rental Information • Manufactured Home Lot Rents: $310–$385/month (Trash Included) • RV Sites: $450/month • Park-Owned Home Rents: $350–$600/month • The property’s diverse income mix provides multiple revenue sources while offering investors several opportunities to enhance cash flow through continued POH optimization and strategic rent adjustments. Value-Add Opportunities • Increase below-market lot rents over time • Optimize Park-Owned Home rental income • Continue maximizing RV occupancy • Existing sub-metered utility infrastructure provides built-in utility recapture • Operational efficiencies through professional management Market Overview • Population: Approximately 7,000 • Median Household Income: ~$67,600 • Strong Homeownership Rate: ~70% • Diverse employment base anchored by Fortune 500 companies • Major regional employers include Marathon Petroleum, Hershey’s, and additional industrial manufacturers • Located approximately 45 minutes from Indiana, this mobile home park offers investors the stability of a growing Midwest employment center while maintaining affordable housing fundamentals that continue to support manufactured housing demand. Investment Highlights • Stable Tenant-Owned Home Community • Diversified Manufactured Housing & RV Income • 100% Occupied • City Utilities with Sub-Metered Utility Recovery • Multiple Organic Revenue Growth Opportunities • Strong Employment Base Supported by Major Industry • Attractive Midwest Investment Market

TO VIEW FINANCIALS, CLICK **VIEW OM” OR “SEE DUE DILIGENCE”, SIGN THE CONFIDENTIALITY AGREEMENT, AND YOU WILL HAVE IMMEDIATE ACCESS”. CONTACT LOGAN WHITE WITH ANY QUESTIONS LOGAN@MHPVALUE.COM The MHP Value Team is pleased to present Autumn Ridge Estates & Storage, a diversified manufactured housing and storage community located just outside Henry, Illinois within the Peoria Metropolitan Statistical Area. The property offers a healthy mix of manufactured housing, apartments, and self-storage income streams within a stabilized community that provides both immediate cash flow and clear long-term upside. The property consists of 16 tenant-owned home sites, 16 park-owned homes, 2 rent-to- own homes, 2 apartment units, and 28 newly constructed self-storage units, along with 22 vacant manufactured housing pads that are already serviced with utilities and ready for infill. Currently generating approximately $316,361 in annual top-line income, the community benefits from diversified revenue streams and consistent demand for affordable housing in the surrounding market. Recent improvements include the installation of new park-owned homes and the development of 28 brand-new storage units, creating a stabilized operating base while preserving significant value-add potential. A clear investment strategy exists through the gradual infill of the remaining vacant manufactured housing pads, which already have utilities in place. Under conservative underwriting assumptions of five home infills per year coupled with gradual rent increases of approximately 5% annually, projections indicate the potential to achieve average IRRs reaching 24-26% during years 4–6 of the investment period, driven primarily by organic occupancy growth and steady rent appreciation. Autumn Ridge Estates & Storage offers stabilized income supported by a healthy unit mix, with a clear path to above-average returns through the infill of vacant sites and gradual rent increases. Important Note to Prospective Buyers from Pace Morby: Congrats to all new members of the Pace Morby “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.

All Seasons & Autumn Oaks are a pair of immaculate mobile home parks located adjacent to one another (separately licensed) on 18.61 acres in Chenoa, IL (89-pads currently and already zoned for an additional 100-pad expansion should you also purchase the adjacent additional acreage that is not currently included with the park). Autumn Oaks is a 55+ community, and All Seasons is an all age community. The parks were established in the 1990's. These parks are actually owned by a church, so profit has not been the primary focus during the time that they have owned these properties. In fact, the pad rental rates are at least 20% under market rate (35% lower than some in nearby Bloomington-Normal)! The parks are zoned as a combination of 0060 (improved commercial) & farmland. All of the tenants pay their rent at the local bank. The parks have an on-site manager. The parks also have a maintenance man. The pads at All Seasons & Autumn Oaks are designed to accommodate double-wide's. There are presently ZERO homes that need to be removed from the property as they are all in solid condition. Currently 98% of the homes in the park are TOH's. There is currently just one park owned home that rents for $600/month (which is not being included in the sale of the property). There are presently 47 TOH's on the property. The average pad rental rate is only $390/month. There are no vacant trailers and no trailers being held for back taxes. The parks utilizes annual leases. None of the tenants are behind in rent! The tenants currently pay their rent at Heartland Bank (just a few blocks away). The zoning was changed in 2014 to allow 50% of the park to be single wide trailers! In addition to the 47-pads that are presently occupied, another 21-sites have concrete pads. The remaining 13-sites are just vacant lots. Some of the pads will need to be connected to the water/sewer at the street. CITY WATER & CITY SEWER!!! The waterlines are primarily PVC and copper and have been updated. The previous owner put over $1,000,000 into underground infrastructure in 2008. The electrical pedestals are 200 amp to each pad. Residents are billed directly for their electricity, gas, & water by their respective providers (garbage included in water bill). The roads are considered to be in solid shape are asphalt. The park maintains the roads (paved the top layer a couple of years ago for $100,000). The tenants are required to mow their own space and the park takes care of the common areas. The park moves snow as needed. Location: Chenoa is a city in McLean County, Illinois, United States. The population was 1,695 at the 2020 census. The city is located at the intersections of Interstate 55, Historic Route 66, and U.S. Route 24. The median home cost in Chenoa is $130,300. Home appreciation the last 10 years has been 40.7%. Home Appreciation in Chenoa is up 16.3%. Renters make up 22.5% of the Chenoa population. 1.4% of houses and apartments in Chenoa, are available to rent. A typical home costs $130,300, which is 61.5% less expensive than the national average of $338,100 and 46.1% less expensive than the average Illinois home, at $241,700. Renting a two-bedroom unit in Chenoa costs $840 per month, which is 41.3% cheaper than the national average of $1,430 and 50.0% cheaper than the state average of $1,260. Chenoa has an unemployment rate of 5.0%. The US average is 6.0%. Chenoa has seen the job market increase by 1.3% over the last year. Future job growth over the next ten years is predicted to be 22.9%. The crime rate in Chenoa, IL is significantly lower than the US average. Violent crime rate in Chenoa, IL is 9.8 which is 51% lower than the US average of 22.7, while property crime rate in Chenoa, IL is 12.4 which is 65% lower than the US average of 35.4. This indicates that Chenoa, IL is a secure and safe place to live or visit with low chances of being a victim of violent or property related crimes compared to the US average. Chenoa, IL is located: 17 miles north of Bloomington-Normal 53 miles east of Peoria, IL 65 miles NW of Champaign, IL 110 miles SW of Chicago, IL 189 miles NE of St. Louis, MO McLean County is the largest county by land area in the U.S. state of Illinois. According to the 2020 Census, it had a population of 170,954. Its county seat is Bloomington. McLean County is included in the Bloomington–Normal, IL Metropolitan Statistical Area. Bloomington-Normal has a vibrant economy with the anchors being Illinois State University and the corporate headquarters for State Farm Insurance. Here are the largest employers in McLean County: • State Farm Insurance Co. (14,436 employees) • Illinois State University (3,940 employees) • Rivian (3,700 employees) • Country Financial (2,020 employees) • Unit 5 Schools (1,874 employees) • OSF HealthCare (1,286 employees) • Carle BroMenn Healthcare (1,337 employees) • McLean County, Government (817 employees) • Afni, Inc. (815 employees) • District 87 Schools (687 employees) • City of Bloomington (667 employees) • Bridgestone/Firestone Co. (502 employees) • GROWMARK, Inc. (495 employees) • Illinois Wesleyan University (482 employees) • Heritage Operations Group (441 employees) • Town of Normal (401 employees) • Heartland Community College (369 employees) • Tentac Enterprises (348 employees) • IAA/Illinois Farm Bureau (329 employees) • Ferrero USA (300 employees)

Financing Opportunity!!! The property is currently encumbered by a Fannie Mae loan that the seller prefers a buyer to assume. The existing loan has an approximate balance of $1,600,000 at a favorable 4.12% interest rate. The loan is interest-only through June 2026, after which it converts to a five-year term amortized over 30 years (locked in at 4.12% until May 2031). Assumption requirements include a minimum of two years of mobile home park ownership or key principal role, a net worth exceeding $1,000,000, and minimum liquidity of $160,000. Rancho Estates is a 52-pad mobile home community located in Rantoul, Illinois within the Champaign–Urbana Metropolitan area. Situated on approximately 4.28 acres and originally developed in 1960, the property benefits from approved mobile home park zoning and is not located within a designated flood zone. The current ownership has operated the community for six years and manages the asset remotely through a district manager, supported by an on-site maintenance technician. The community currently operates without a full-time on-site manager. Pad sizes vary throughout the property, and residents benefit from off-street parking and a well-maintained neighborhood setting. The community is currently operating at strong occupancy levels with 49 of 52 pads occupied. Of the existing homes, 36 are tenant owned homes (TOH) paying an average lot rent of $425 per month. The remaining 10 units are park-owned homes (POH) with average rents of approximately $800 per month, and the seller holds clear title to all park-owned units. Three pads are currently vacant and may have the potential for new home placement subject to city setback requirements. One additional home is scheduled for removal due to poor condition. Approximately three residents are currently behind on rent. All residents operate under monthly lease agreements, and rent is collected electronically through the Rent Manager portal. The most recent rent adjustments were modest $25 increases for both POH and TOH units. Rancho Estates is served by municipal water and sewer, with utility costs back-billed to residents through submetering. Electricity and natural gas are directly metered and billed by the respective providers, and each pad is equipped with a 100-amp electrical pedestal. Residents are responsible for their own garbage service. The material composition of underground utility lines was not provided. The internal road network is asphalt and is reported to be in good condition, with ownership responsible for ongoing maintenance. Operational responsibilities are efficiently structured, with tenants responsible for mowing their individual lots and clearing their own driveways during winter months. Ownership maintains vacant pads and common areas and provides snow removal for the park roads. The property has benefited from consistent operational oversight and strong administrative systems, with institutional-quality financials and documentation available for buyer due diligence. Since acquisition, ownership has made several meaningful improvements to enhance the long-term quality and stability of the community. These include removal of distressed homes, tree trimming, installation of a playground, street repaving, and the addition of water meters. These investments have positioned the property for continued operational stability and future infill potential. Future upside for a new owner includes the potential infill of vacant pads, subject to municipal approval, and continued optimization of rental rates in line with market conditions. Ownership has indicated that continued infill would be their primary operational focus if they retained the asset. One of the minority owners of Marshalltown Estates is a licensed Real Estate Broker in the State of Iowa. Location: Rantoul is a village in northern Champaign County, Illinois. The population was 12,371 at the 2020 census. It is part of the Champaign–Urbana metropolitan area. The median home cost in Rantoul is $108,100. Home appreciation the last 10 years has been 46.3%. Home Appreciation in Rantoul is up 14.5%. Renters make up 42.1% of the Rantoul population. The average 1-bedroom rents for $760/month. The average 2-bedroom rents for $900/month. The average 3-bedroom rents for $1,170/month. The average 4-bedroom rents for $1,210/month. Rantoul has an unemployment rate of 5.0%. The US average is 6.0%. Future job growth over the next ten years is predicted to be 30.2%,which is lower than the US average of 33.5%. The Median household income of a Rantoul resident is $44,130 a year. The US average is $69,021 a year. Rantoul violent crime is 38.4. (The US average is 22.7) Rantoul property crime is 40.4. (The US average is 35.4) Here are four of the largest employers in Rantoul, IL (employee counts approximate): • Vista Outdoor — 440 employees • Jeld-Wen Windows & Doors — 425 employees • Flex-N-Gate — 426 employees • Rantoul Foods — 511 employees Champaign County is a county in the U.S. state of Illinois. As of the 2020 Census, its population was 205,865, making it the 10th-most populous county in Illinois. Its county seat is Urbana. Champaign County is part of the Champaign–Urbana metropolitan area. The twin cities of Urbana and Champaign are the only cities in the county, and they nearly surround the campus of the University of Illinois. Here are ten of the largest employers in Champaign County, IL, with employee counts (approximate): • University of Illinois at Urbana-Champaign — 26,884 • The Carle Foundation — 7,346 • Champaign Unit #4 School District — 1,670 • Kraft Heinz Company — 1,300 • OSF HealthCare — 1,150 • Urbana School District #116 — 950 • Christie Clinic — 915 • FedEx Ground — 887 • Parkland College — 883 • City of Champaign — 636

Mobile Home Park | 49 Pads

The MHP Broker is pleased to present the Murphysboro Portfolio — two established manufactured housing communities offered by the same long-term owner in Murphysboro, Illinois. Cinnamon Lane MHP (30 lots) and Smeade Lane MHP (19 lots) are available individually or as a combined 49-lot portfolio at an asking price of $1,064,000, representing a blended basis of approximately $21,714 per lot in a single submarket from a single motivated seller. Both parks are located in Murphysboro, the county seat of Jackson County and the principal city of the Southern Illinois University Carbondale economic corridor. The SIU Carbondale campus — located seven miles east — anchors a diverse regional employment base that includes Southern Illinois Healthcare, state and county government, and light manufacturing. Demand for affordable housing in this corridor is structural and consistent, with median apartment rents in Jackson County running $700–$800 per month against an all-in tenant cost at these communities of $400–$600 per month. The portfolio presents two complementary investment profiles. Cinnamon Lane is a stabilized, fully occupied asset with 30 lots, 100% current occupancy, and a documented rent roll generating $120,300 in annual gross collections. Every lot is paying. The value-add is rent normalization: current average lot rent of $214 per month sits well below the prevailing market range for comparable communities in the corridor, and the entire upside is operational — no infill required, no physical turnaround, no new tenants needed. Smeade Lane is the value-add component: 19 lots with city water and city sewer, six park-owned homes physically present on site and available for improvement and lease-up, and a current income stream that already covers debt service at a basis that reflects today's occupancy, not tomorrow's. The seller is a long-term owner executing a retirement-driven disposition after more than two decades of continuous ownership. Both parks are stable, the tenants are established, and the financials are documentable. This is a clean exit from a motivated seller — not a distressed situation. Seller financing is available for discussion on both parks.