502-694-8116
515 Everly Brothers Blvd, Central City, KY for Sale
Specialty - FOR SALE
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515 Everly Brothers Blvd
Central City, KY 42330


HIGHLIGHTS

  • Turnkey 120-Unit Portfolio
  • Diverse mix of single and double-wide homes appeals to a broad range of tenants seeking quality, affordable living.
  • Well-maintained sites with long-term residents and stable occupancy underscore the desirability of these communities.
  • Muhlenberg and McLean Counties have diversified economies with a stable and growing employment base.

OVERVIEW

This sale features a turnkey portfolio of 120 rental units located in Muhlenberg and McLean counties, Kentucky, including five manufactured housing communities, 99 community sites, 17 land/home sites, and 4 traditional stick-built houses. The portfolio contains 66 community-owned manufactured homes, offering a mix of single and double-wide units that attract a broad tenant base. With stable occupancy and long-term residents, the properties provide immediate cash flow and operational efficiencies through centralized management. There is potential for growth by infilling vacant lots and adjusting rents to market rates, and the seller is open to assisting with future lot infill arrangements. The area’s strong demand for affordable housing and diversified local economy further support long-term stability and investment upside.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

120 Manufactured Housing Rental Portfolio: KY

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.73 AC

LAND SF

75,163 SF

ZONING

-

APN/PARCEL ID

142-03-04-002.001

ASK ABOUT THIS PROPERTY

Tony WilcoxSRS National Net LeaseMore Info
502-694-8116

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Tony WilcoxSRS National Net LeaseMore Info
502-694-8116

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.