ABC Mobile Home Park is a stabilized community with immediate operational upside. Current occupancy is effectively full, with all lots and homes occupied except one (Lot 21). All on-site homes are Tenant Owned or Rent-to-Own on month-to-month leases, supporting stable collections. NOI is currently muted by outdated meters and manual reads, but new digital electric meters will materially improve utility recapture. The park is master metered for electric, gas, water, and sewer, with city water mainlines replaced in Fall of 2024. Tenants pay a trash fee plus electronic payment incentives, adding to collections. With stabilized occupancy, pending meter upgrades, and recapture improvement, the park is positioned for strong in-place yield with additional upside from ongoing rent adjustments and long-term efficiency gains. A future conversion of gas lines to direct-billed service and potential site reconfigurations create further avenues for value growth.