Marcus & Millichap
Active

New Jersey 3 MHC Portfolio

Cumberland County

|

New Jersey


91
TOTAL SITES
Portfolio
PROPERTY TYPE

91-site portfolio comprising three established manufactured housing communities in Southern New Jersey.

91

TOTAL SITES

Portfolio

PROPERTY TYPE

New Jersey

MARKET

CALL FOR OFFERS

Investment Overview

Marcus & Millichap is pleased to present the opportunity to acquire the New Jersey 3 MHC Portfolio, a 91-site manufactured housing portfolio comprised of three established communities strategically located throughout Cumberland County, New Jersey. The portfolio will be delivered 100% occupied at close, with an average monthly lot rent of $720 and strong in-place cash flow supported by durable workforce housing demand. Located in Vineland and Fortescue, the communities provide convenient access to major employment centers throughout Southern New Jersey and the greater Philadelphia metropolitan area.

Investment Highlights

  • 91 Sites Across 3 Communities
  • 100% Portfolio Occupancy at Close
  • $720 Average In-Place Rent
  • Utility Bill-Back Opportunity
  • Philadelphia MSA Connectivity
  • Route 55 Corridor Access

Property Gallery

Opportunity Contact

Jonathon McClellan

(216) 288-1793
JMcClellan@ipausa.com
License: OH SAL:2005002219

Michael DiCillo

(310) 867-0727
mdicillo@ipausa.com
License: OH SAL.2016003091

Connor Outcalt

(440) 829-6137
coutcalt@ipausa.com
License: OH SAL.2015000531

Broker of Record

Jim McGuckin | New Jersey

(201) 742-6100
License: 2082114

Request Confidential Materials

Qualified principals and brokers may request access to the financial, operational and due diligence materials associated with this opportunity. 

Access is subject to completion and approval of the applicable confidentiality agreement.

Already working with a McClellan broker? Contact your representative directly for assistance. 

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