- The property has been meticulously
maintained by the current long term ownership. The property
features a cul-de-sac design with sidewalks and curb and gutter
throughout the property.

- The property currently has a total of 62 useable lots, with further
expansion possible for new ownership to increase the total lot count
to 75 lots. Of the 62 lots 29 currently have paying manufactured
home tenants on site.

- The community is made up of a strong majority of Tenant Owned
Homes, with only two Park Owned Homes on Site, making the
property an easy transition for a new owner.

- Currently lot rent for single wide units averages $195 per month.
Rent was last raised by $30 in January of 2025.

- There are currently 6 double wides on-site with an average lot rent
of $250/month.

- Similar communities in the area charge an average of $300,
meaning new ownership can raise lot rent to market over time for
easily attainable and realistic upside.
Infill was not included in the financial analysis, allowing for further
upside for a new owner looking to infill the property.

- The property also has 17 self storage units renting at an average of
$35 per month and an additional 4 small storage sheds within the
community at an average of $30 per month. Similar storage units in
the area currently charge $50 per unit, offering additional upside
for a new owner.

Community Infrastructure

- Wayland Acres is served by 100% public utilities. Current
ownership pays for sewer charges which are billed back to the
tenants at a flat rate of $20 per month plus charges for overages.

- Tenants pay all other utilities directly.
The community streets are 100% maintained by the city of Wayland, including snow removal.