Community Price: $1,100,000

Investment Highlights

• ƒ 100% occupancy on developed sites
• Approval for 3 additional sites
• Subject property includes 70 acres adjacent to MHP with development potential for up
  to 200 additional sites
• 5 miles from the city of Danville, which is experiencing several revitalization projects,
  as well as a new $750 million Harrah’s Casino project to begin construction in 2022
  and will bring 300+ jobs to the area; other major employers in include a Goodyear
  manufacturer, Danville Regional Medical Center and a Nestle facility
• 2.5 miles from major Highway 29 and is a few hours from major cities such as
  Richmond, Raleigh and Greensboro
• Current site rent is $115 below market rent
• Year 1 Proforma includes 3 additional approved sites and a $10 rent increase
• Additional acreage priced at $5,914/acre; $200 below comps average
• 9 Park-Owned Homes; 8 are occupied, 9th was recently acquired and is currently
  being refurbished
• Currently on two wells and individual septic systems, built in 1994
• City owns and maintains community street lights; county trash
• Seller financing may be considered