CLOSING ANNOUNCEMENT!

2016 Announcement: Yale has just closed on another property in the Orlando-Lakeland, Florida region.

JUST CLOSED!!!

90-125 Site, All Age MHC
3.5-4 Star, 6% Cap Rate
Offering #156116613

Orlando-Lakeland, Florida Region

Beautiful, stable MHC in Central FL. All resident owned homes, great passive investment.

Standard rent increases are possible, on WWTP and well water.

Park is lakefront and features homes from the 60’s to 2000’s.

Sale Price was within $100k of asking price
Buyer did not re-trade even with 25%+ increase in rates over the last 40 days
Seller attempted to sell without broker for 6 month before determining it was a better value to have representation and proper exposure.

Currently Available Properties

250-350 Site, All Age MHC
3 Star, 6.75% Cap Rate
Just Fell out of LOI, will sell quickly

Ft Lauderdale-Miami,Florida Region

Rare opportunity to acquire a massive all-age MHC in the strongest housing and job market in FL. Connected to municipal utilities, 10 units to the acre, pool, clubhouse and basic amenities. Predominately single wide units from the 70’s and 80’s, older community, but very high demand.

Upside via lease-up, and huge expense efficiency opportunities, as well as a long term land play for one
of the largest pieces of land assemblage in this region.

For more information return the NDA at the link below either electronically or physically:

*Click Here for Teaser and NDA

Confidentially Available Properties

225-275 Site, 55+ MHC

3.5-4 Star, 5.25% Cap Rate
Southeast Florida Region
40-50 Vacant Spaces to be Filled
20% Below Market Rents*Teaser and NDA available upon request

225-275 Site, 55+ MHC

4 Star, 5% Cap Rate
Central Florida Region
Expansion land for another 130-150 Spaces
10% Below Market Rents*Teaser and NDA available upon request

Sales Pending

175-200 Site, 55+, RV Resort
3.5 Star, 7% Cap Rate
Offering #122616811
Property Scheduled to Close!!

Avon Park-Sebring, Florida Region

Lakefront RV resort in Central FL with quality park model section. The park has a high percentage of permanent units, and is connected to Muni water and serviced by a WWTP.

This property was well maintained and renovated, with plenty of rent increase potential, as well as possible growth in transient business.

*Click Here for Teaser

Confidential: $35-$45 Million Range
Property Scheduled to Close!!

Midwest Region MHC
500-700 Sites
5 Star, 5% Cap Rate

250-300 Site, RV Resort
3.5 Star, 8% Cap Rate
Offering #220016223

Orlando-Ocala, Florida Region

After reducing the price over $1m in the last month, we saw a lot of interest in this property. There were several offers on the property and owner did a best and final this week.

The property features 70% permanent units, most of which are park models. It is serviced by a WWTP and well. There is significant revenue growth potential possible by advertising the property and driving higher demand in season for the 80 transient spaces.

*Click Here for Teaser

100-125 Site, All Age MHC
3 Star, 8.25% Cap Rate

Lakeland-Sebring, Florida Region

We are pleased to offer this family community in central FL. It serves a predominately agricultural community and is walking distance to a small town with shopping, restaurants, etc.

The property is 40% park owned homes, which we have modeled selling off and turning into a pure lot rent business. This should increase the cap rate from the 7%’s to the mid 8%’s quickly. Expenses on the
park owned homes have been exacerbated by bringing
in 30 new units over the last few years.

Upside via 20% lease-up potential.

For more information return the NDA at the link below either electronically or physically:

*Click Here for Teaser and NDA

Charitable Partners

This Holiday season we would like to encourage you to consider gifting to some of the less fortunate around the world. Here are a few of the charities we have chosen to partner with and would love to see you do so as well:

MH Gives

MH Gives is a charity partnered with the non-profit Lifesong to create sustainable opportunities in Haiti. 100% of the money donated goes to the recipients of the charity. It was founded by a wonderful couple in our industry, Ken and Katie Hauck of Hauck Homes in IL. This may be the only charity in the MH industry giving back from the industry we all have been so fortunate to prosper from.

This charity is primarily focused on economic sustainability, which will build jobs and industry that allows heads-of-household to provide for their family.

http://www.mhgives.org/

Hope for Haiti Healing

We were pleased to participate in a volunteer trip to Haiti with an amazing MH industry veteran Mike Wnek and his organization Hope for Haiti. Mike has spent the last 35 years of his life building homes and running an orphanage for some of the poorest people in the world, right in our backyard: