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3 Properties | 324 UNITS
MS & AL Portfolio
Investment Highlights
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1015 N Powell Pkwy Anna, TX 75409
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.
© 2025 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.
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BIRMINGHAM OFFICE
2204 Lakeshore Drive Suite 120 Birmingham, AL 35209
LOS ANGELES OFFICE
11111 Santa Monica Blvd
Los Angeles, CA 90025
GREGG CORDARO
BROKER OF RECORD
Director 229.834.6603 gregg.cordaro@berkadia.com License: MS B019959
JOHN MCCRARY
Director 205.613.9272 john.mccrary@berkadia.com License: AL 000115398-0
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Executive Summary
Berkadia Manufactured Housing is pleased to present the Sacramento Valley, CA Portfolio. This offering features 112 sites across three communities in the cities of Yuba City, Chico, and Oroville. Located in Northern California, the Valley provides access to many outdoor activities, excellent school systems, and thriving businesses. Along with scaled entry into the market, the locations of the three parks provide for shared staffing opportunities, optimizing operational efficiency and cost management. In addition, the portfolio benefits from public water and utilities, and showcases a majority of resident owned homes. With a strong overall occupancy rate of 92% and below-market rents, there is significant rent growth potential. In Butte County, California, the absence of rent control for mobile home parks means that owners have the flexibility to set rental rates without being restricted by local government-imposed limits. This can be advantageous for new owners, as it allows them to adjust rents to market levels, potentially increasing revenue from Day 1. Without rent control, owners can respond more dynamically to market conditions, demand, and operational costs, thus optimizing their returns. . Finally, current ownership has completed many projects around the communities to enhance the quality and appeal of the assets. This offering presents the opportunity to acquire three well located assets with operational efficiency and rental upside.
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3906 Poplar Springs Dr, Meridian, MS 39305 128 Units
HERITAGE PLACE
4320 36th Pl, Meridian, MS 39305 79 Units
REGENCY APARTMENTS
P
900 Division St, Bessemer, AL 35020 116 Units
VILLA GLEN
MS & AL Portfolio
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EXECUTIVE SUMMARY
THE LOCATION
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Two properties totaling 208 units in Meridian, MS approximately an 8-minute drive to both Mississippi State University - Meridian Campus and Meridian Community College.
One property totaling 116 units easy with easy access to Birmingham in 20 minutes via I-20 W/I-59 S, making the property highly accessible to the 553,000+ jobs in the Metro.
The Portfolio has seen a significant capital investment of over $2,900,000, which will allow new ownership to capitalize on what has already been completed.
Value-Add opportunities for improvements to unit interiors to achieve rent premiums
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HERITAGE PLACE
REGENCY APARTMENTS
VILLA GLEN
INVESTMENT SALES
MIKE MARLEY
MORTGAGE BANKING
Senior Director 404.431.8687 mike.marley@berkadia.com
TOM GENETTI
MORTGAGE BANKING
Managing Director 205.213.9291 tom.genetti@berkadia.com
Senior Real Estate Analyst 470.681.1397 william.letzer@berkadia.com
WILLIAM LETZER