4233 Gall Blvd

• Value-Add Occupancy Upside: 10 of 14 lots are currently occupied (71% occupancy), with 4 vacant lots offering new ownership a clear, near-term path to full occupancy and increased income.
• Seller Rent Guarantee: Seller will pay Buyer the equivalent of market rent for the four vacant lots during the first three months of ownership, providing immediate income support during the transition period.
• 100% Park-Owned Homes (POH): Every home on the property is park-owned, giving new ownership full control over both lot rent and home rent income, with no tenant-owned homes to manage around.
• Attractive Basis: Offered at $1,300,000, or $92,857 per unit and $143.65 per square foot, on a 14-lot, 9,050 SF community.
• NOI Growth: In-place (T-12) NOI of approximately $128,512 grows to a Year 1 Adjusted NOI of approximately $142,291 and a Market/Stabilized NOI of approximately $144,912 as rents mark to market and vacant lots are leased.
• Cap Rate Growth: 9.89% in-place (T-12) cap rate grows to 10.95% on a Year 1 Adjusted basis and 11.15% on a Market/Stabilized basis.
• Simple, Efficient Operating Profile: A compact 14-lot MH/RV community with a fully park-owned home base creates a straightforward operating profile well-suited to a value-add buyer focused on lease-up execution.