
Executive Summary
Berkadia Manufactured Housing is pleased to present The Greater Houston MHC Portfolio totaling 178 sites across five communities strategically located in the Houston MSA. The portfolio consists of fully stabilized communities with a combined occupancy of 99%, demonstrating durable resident demand. Additionally, the portfolio is comprised of 99% resident owned homes, significantly reducing costly CAPEX and turnover expenses. This coupled with the close proximity of the communities would allow for shared staffing capabilities which would further increase operational efficiency. Lastly, the in-place rents across the portfolio remain below the market competition, despite a recent rent increase implemented in April. This provides a new owner with a compelling mark-to-market opportunity and would allow them to align rents closer to market over time while maintaining affordability and competitive positioning. Overall, The Greater Houston Portfolio provides investors with the rare opportunity to acquire immediate entry into one of the nation’s top five MSAs, backed by exceptional in-place performance and clear revenue upside.
Portfolio Overview
5
Communities
178
Total Sites
99%
Economic Occupancy
$676
Avg MH Lot Rent
Investment Highlights
Ability to Acquire Five Stable Assets In Top 5 MSA
Overall 99% Economic Occupancy
99% Resident Owned Homes
Below Market Rents
Shared Staffing Capabilities
The Location
Houston, TX
Houston is the largest city in Texas and a key economic engine for the Sun Belt, anchored by energy, port and logistics, medical, aerospace, and rapidly growing tech sectors. With no state income tax, relatively low cost of living, and a pro‑business regulatory environment, it continues to attract both corporate relocations and domestic in‑migration, despite exposure to oil price cycles and weather risk. The metros employment base is diversified well beyond traditional oil and gas, with the Texas Medical Center (the world’s largest medical complex), a major container port, and a strong professional services sector supporting stable long‑term growth. Houston’s population is one of the youngest and most diverse in the country, driving steady household formation and housing demand across urban infill, inner‑loop redevelopment, and fast‑growing suburban corridors.

#1
Best for Foreign Business
#2
Most Affordable Metro Among 20 Most Populous U.S. Metros
#3
Fastest Growing City
26
Fortune 500 Headquarters
Contact Us
HOUSTON OFFICE
2229 San Felipe
Houston, TX 77019
Investment Sales
Ian Hilpl
Managing Director
315.406.0900
[email protected]
Kevan Enger
Senior Managing Director
407.494.8541
[email protected]
Brian Hummell
Director
614.468.5773
[email protected]
Hunter LaRocca
Director
407.227.9643
[email protected]
BROKER OF RECORD
Gregory Smith
TX RE BROKER LICENSE #9002106
Berkadia®, a joint venture of Berkshire Hathaway and Jefferies Financial Group, is an industry leading commercial real estate company providing comprehensive capital solutions and investment sales advisory and research services for multifamily and commercial properties. Berkadia® is amongst the largest, highest rated and most respected primary, master and special servicers in the industry. This advertisement is not intended to solicit commercial mortgage company business in Nevada.
© 2026 Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Berkadia® and Berkadia Commercial Mortgage® are trademarks of Berkadia Commercial Mortgage LLC. Investment sales and real estate brokerage businesses are conducted exclusively by Berkadia Real Estate Advisors LLC and Berkadia Real Estate Advisors Inc. Commercial mortgage loan origination and servicing businesses are conducted exclusively by Berkadia Commercial Mortgage LLC and Berkadia Commercial Mortgage Inc. Tax credit syndication business is conducted exclusively by Berkadia Affordable Tax Credit Solutions. For state licensing details for the above entities, visit www.berkadia.com/licensing.



















