120 Manufactured Housing Rental Portfolio: Kentucky

• Turnkey 120-Unit Portfolio • 99 Community Sites • 17 Land/Home Sites • 4 Traditional Stick-built Houses• 66 Community-owned Manufactured Homes• Includes 5 distinct AMH communities with the balance of the portfolio being individual MH land/home sites and traditional stick-built houses delivering operational economies of scale and geographic diversification within Muhlenburg and McLean counties.• Portfolio's scale offers immediate and reliable cash flow across two counties in Western Kentucky.• Located in contiguous Muhlenberg and McLean counties enables centralized management and operations, lower overhead cost and easier oversight.• Local demand for affordable housing supports long-term occupancy stability as well as real rent growth potential.• Strong rent rolls with immediate opportunity to infill vacant lots and to increase rents to market rates.• Seller is the largest independent Manufactured Housing retailer in Western Kentucky and is open to making arrangements with the buyer to provide turnkey lot infill in the coming years.• Diverse mix of single and double-wide homes appeals to a broad range of tenants seeking quality, affordable living.• Well-maintained sites with long-term residents and stable occupancy underscore the desirability of these communities.• Muhlenberg and McLean Counties have diversified economies with a stable and growing employment base.