The Requity Group (TRG) is pleased to announce that we have officially closed on the East TN MHC Portfolio!
This 230-lot Manufactured Home Community Portfolio is located with:
📍 Six communities in the Chattanooga metro
📍 One community in the Knoxville metro
📍 One conveniently nestled between Knoxville and Chattanooga, and
📍 One in the Dalton, GA metro
Why We Love This Deal:
1.) In-Place Cash Flow
2.) Seller Financing
3.) End-of-Year Bonus Depreciation
4.) Below-Market Rents
5.) Light Value-Add Strategy
The addition of the East TN MHC Portfolio brings us to 15 manufactured home parks across our portfolio! Putting us at ~2,400+ total sites, ~890 manufactured home sites, and ~1,500 RV sites.
We are grateful for the dedication and coordination that made this deal possible and for everyone who made sure we got this closed before the end of the calendar year. We want to extend a huge “THANK YOU” to our team, investor partners, and vendors.
If you’d like to join our investor community and stay updated on future opportunities, please visit: therequitygroup.com
#acquisition #alternativeinvesments #therequitygroup #syndication #MHC #ManufacturedHomeCommunities Dylan Marma, CCIM Jen CMP, CWEP Troy Trecroce Luis Velez Grethel Kauss