CALL FOR OFFERS: October 21, 2026

Institutional

Garden State MHC Portfolio

615 Sites / 2 Communities

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Executive Summary

Berkadia Manufactured Housing and Institutional Property Advisors are pleased to present the Institutional Garden State MHC Portfolio, featuring two fully occupied communities in southern New Jersey. The portfolio combines stable occupancy, excellent curb appeal, and a favorable value-add opportunity through continued mark-to-market rent growth. Both communities benefit from zero vacancy and bad debt, underscoring the strength of resident demand and the durability of the existing income stream. The Wildwood location is especially well positioned amid the area’s elevated cost of housing, where attainable manufactured housing provides an increasingly important and desirable alternative for local residents. This dynamic supports continued rental demand and creates a favorable backdrop for future rent growth. The properties offer an excellent amenities package that enhances resident retention and differentiates the communities within their respective markets. Combined with beautiful curb appeal, well-maintained grounds, and an inviting community atmosphere, the parks provide a high-quality resident experience while positioning new ownership to preserve occupancy and capture additional revenue upside.

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Portfolio Overview

2

Communities

615

Total Sites

100%

Economic Occupancy

$728

Avg MH Lot Rent

Property Videos

Investment Highlights

1

Mark-to-Market Opportunity

2

Scaled Entry of Institutional Quality Assets in High Cost of Housing Markets

3

Strong Home Sales in Shawcrest Community & Marina

4

Attractive Curb Appeal

Location

BUENA, NJ OVERVIEW

BUENA BOROUGH, NEW JERSEY, benefits from its location within the broader Vineland–Millville–Bridgeton regional economy in southern New Jersey. While Buena maintains a smaller-town, residential character, it draws on the employment, retail, healthcare, and service infrastructure available throughout nearby Vineland and the surrounding Cumberland County area. Convenient access to key regional roadways supports connectivity to employment centers across South Jersey, including the Atlantic City and Philadelphia metropolitan areas. Residents benefit from proximity to a range of shopping, dining, recreational, and community amenities, while Buena’s more suburban setting offers an accessible alternative to larger nearby municipalities.

Atlantic County ranks No. 15 “Best Counties to Live in”

- Niche

WILDWOOD, NJ OVERVIEW

WILDWOOD, NEW JERSEY is a five-mile barrier island in Cape May County, encompassing Wildwood, North Wildwood and Wildwood Crest. The area benefits from broad, free public beaches, a 38-block boardwalk, amusement piers, extensive dining and entertainment options, and the oceanfront Wildwoods Convention Center—key demand drivers for leisure travelers, group events and seasonal employment. The market is easily accessed from the Philadelphia/South Jersey region via the Garden State Parkway, with additional drive-in demand from the broader Mid-Atlantic and visitors arriving via the Cape May–Lewes Ferry corridor.

Wildwood ranks No. 1 “Best Beach in New Jersey”

- USA Today
“10 Best Readers’ Choice” 2026 for third consecutive year

Wildwood named “Best Boardwalk”

- USA Today
“10 Best Readers’ Choice” 2026 for second year in a row 

Contact Us

Berkadia Portfolio Leads

INVESTMENT ADVISORS

Ian Hilpl
Managing Director
315.406.0900
[email protected]

Kevan Enger
Senior Managing Director
407.494.8541
[email protected]

Brian Hummell
Senior Director
614.468.5773
[email protected]

Hunter LaRocca
Director
407.227.9643
[email protected]

NEW JERSEY BROKER OF RECORD

Nate  Gambuzza
NJ RE Broker License #0123988

IPA Portfolio Leads

INVESTMENT ADVISORS

Jonathon McClellan
Executive Managing Director
216.288.1793
[email protected]

Kyle Baskin
Executive Managing Director
210.264.2059
[email protected]

Connor Outcalt
Senior Managing Director
440.829.6137
[email protected]

Michael DiCillo
Senior Managing Director
310.867.0727
[email protected]

NEW JERSEY BROKER OF RECORD

Jim McGuckin
License: 2082114

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Institutional

Garden State MHC Portfolio

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.  

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