The Pines MHP

The Ranch at Alma Park. New gated community construction will be ready Jan 1, 2027. Sold turn key. 3500 Sq Ft public use building. Lots have 200 amp hook-ups, public water, and on site sewer. Lots are 59' x 120'. Proforma Lot Rent: Mobile Home—$550 monthly; RV—$700 mo. 7.5% CAP rate.

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.

Buffalo River MHC presents a textbook value-add opportunity: a 41-pad community in Mountain Home, Arkansas — the retail and healthcare hub of a 250,000-resident lake region — with 29 of 29 occupied pads currently paying $375 lot rent against a $475+ market and 12 vacant pads ready for infill at 3 homes per year through Year 4. Water, sewer, and trash are billed back to tenants on a metered RUBS structure (modeled at 80% recapture in pro forma).