An opportunity to acquire a 32 site Manufactured Housing Community as a part of a three Manufactured Housing Community, Whispering Valley is located in Lewistown, Ohio. Whispering Valley is an all-aged community that is currently 94 percent occupied with below market rents ($279). This investment offers a new owner immediate upside in sub-metering
the water (wells) and sewer (public) as well as implementing rent increases over the next few years.

The total asking price is $540,000 which is allocated at $510,000 for the real estate and $30,000 for the park owned home inventory. There are currently three park Owned Homes. The total annualized Rental and Lease Purchase Revenue would equate to $11,700 (less a $279 lot rent).

Whispering Valley can be purchased with two other Manufactured Housing Communities located in SW Ohio. Sherwood Forest located in Greenville, Ohio (173 Sites) and Urbana Estates in Urbana, Ohio (80 Sites).

Dayton area rent comparables are on average $370/month. Sherwood is $279/month.