Yaleadvisors

Closed: $55M +/- MH Community | Southeast Florida
We’re excited to announce the closing of a 350-400-site Manufactured Home Community in the Southeast Florida Region. The property sold for $55M +/- at a 3.25% cap rate.
Large communities like this rarely become available in this market. With 3-star infrastructure, below-market rents, and plenty of room for improvement, the opportunity drew strong interest from regional and institutional buyers alike.
The property generated 12 offers. Most groups landed in the low $40Ms, but a few saw the long-term potential and pushed into the $50Ms. In the end, it came down to a head-to-head bidding war between two aggressive buyers. What tipped the scale was one group’s commitment to a phased rent increase plan—capping annual rent bumps for the next 10 years—making their offer the strongest combination of price and long-term alignment.
A smooth process, a competitive field, and a great example of how the right terms—not just the highest number—can win the deal.

📍 Just Listed: MH Community | Ozarks Region, MO | $1.125M
Yale is pleased to present a rare opportunity to acquire a stabilized 30–50 site MH community in a Missouri Opportunity Zone, just outside the Lake of the Ozarks.
The property is 87.5% occupied with 100% tenant-owned homes and a solid 13.9% Year 1 cash-on-cash return. Rents are $150 below market, utilities aren’t being billed back, and there’s strong regional demand for affordable housing — especially from the area’s growing 55+ population. Located within 2 miles of popular boat ramps, the setting adds even more long-term appeal.

Highlights:
— 13.9% Year-One Cash-on-Cash
— $150 Below Market Rents | 38% Expense Ratio
— All TOH
— Within 2 Miles of Lake Access
— Located in a Growing 55+ Demographic Area

📩 Contact Ken Schefler at (312) 858-8906 or [email protected]

Another Successful Closing in Florida! | Yale officially closed this MH/RV hybrid community.

We’re excited to share the successful closing of a hybrid MH/RV community in Central Florida, which also included a small commercial use component.
The seller had previously engaged with a different broker and was tied up under contract for over six months until the deal fell apart. They then engaged Yale to run a call for offers. Initially, there was significant interest due to the size, upside, and location on the Space Coast. The property showed well and checked a lot of boxes, but wasn’t without its challenges. Specifically, there were ongoing issues related to the on-site wastewater treatment plant and Well. As this information came to light, many of the existing buyers were scared off.

Despite these challenges, Yale's call for offers process yielded nine offers and was able to find the perfect buyer that fully understood the risks and factored them into their offer. The sale closed on time and at the original contract price, leaving both parties very satisfied with the process.

This marks one more successfully closed deal due to Yale's transparent
approach and full market engagement.