Horizon MH Portfolio

We are pleased to present the Horizon Manufactured Housing Portfolio in Killdeer and Belfield, North Dakota. With the majority of leases held by corporate tenants, over $200k in recent CapEx upgrades, strong day-one cash flow, low maintenance costs, and a stable tenant base, this portfolio offers a compelling investment prospect. Future ownership can expect a 30% increase in rental revenue through increasing COVID-era leases to the market rates already achieved by other units. Manufactured housing has proven resilient in various economic environments, further enhancing its appeal. This opportunity is ideal for investors seeking a stable, high-yield investment in a growing market sector.

Investment Highlights:

Future Ownership Can Expect a 30% in Rental Revenue Through Correcting Loss-To-Lease

Over 50% of Units Signed with Corporate Leases

Over $200,000 in Capital Expenses Implemented in the Past 12 Months to Upgrade Unit Furniture, Appliances and Exterior Siding

High Yield & Strong Cash Flow on Day 1 of Ownership

Relatively Low Maintenance Making This a Cost-Effective Investment

Consistent and Stable Tenant Base

Shrinking Supply and Growing Demand for Affordable Manufactured Housing Options

Resilient Asset-Type That Withstands Many Economic Environments

Jennifer Stein Real Estate, Inc | Listing Broker | ND License: 3350