Marcus & Millichap
Active
New Jersey 3 MHC Portfolio
Cumberland County
|
New Jersey
91
TOTAL SITES
Portfolio
PROPERTY TYPE
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
Opportunity Contact
Broker of Record
Jim McGuckin | New Jersey
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Access is subject to completion and approval of the applicable confidentiality agreement.
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