Garden State Portfolio

Institutional Property Advisors and Berkadia Manufactured Housing are pleased to present the Institutional Garden State MHC Portfolio, featuring two fully occupied communities in southern New Jersey. The portfolio combines stable occupancy, excellent curb appeal, and a favorable value-add opportunity through continued mark-to-market rent growth. Both communities benefit from zero vacancy and bad debt, underscoring the strength of resident demand and the durability of the existing income stream. The Wildwood location is especially well positioned amid the area’s elevated cost of housing, where attainable manufactured housing provides an increasingly important and desirable alternative for local residents. This dynamic supports continued rental demand and creates a favorable backdrop for future rent growth. The properties offer an excellent amenities package that enhances resident retention and differentiates the communities within their respective markets. Combined with beautiful curb appeal, well-maintained grounds, and an inviting community atmosphere, the parks provide a high-quality resident experience while positioning new ownership to preserve occupancy and capture additional revenue upside.