
Executive Summary
Berkadia Manufactured Housing is pleased to present Phoenix, AZ MHC, a stabilized 116-site manufactured housing community offering investors durable in-place cash flow, operational simplicity, and meaningful long-term rent growth potential. Currently 96% occupied, the community benefits from strong resident demand and provides an attractive, attainable housing alternative in a MSA with a median home price of $453,000 and constrained housing supply. The community will feature average monthly lot rents of approximately $638 at closing, further positioning the property well below comparable market competition and creating a clear opportunity to grow revenue through market-supported rent increases. In addition, the community features a majority of resident-owned homes thus offering a highly efficient operating model with limited exposure to home maintenance costs, turnover expenses and unexpected capital expenditures. This asset further benefits from public utilities that are billed back to residents, reducing ownership’s utility expense burden and streamlining day-to-day operations. Finally, with a stable occupancy of 96%, the community offers a turnkey acquisition opportunity with immediate in-place cash flow. All in all, this community provides investors with the opportunity to acquire a stable mobile home community in the Phoenix MSA that is supported by strong occupancy, rental upside, and operational efficiencies.
Investment Highlights
1
LOCATED IN PHOENIX MSA
2
PUBLIC UTILITIES BILLED BACK TO RESIDENTS
3
MAJORITY RESIDENT OWNED HOMES
4
BELOW MARKET RENTS
5
STABILIZED TURNKEY ASSET
6
NEED FOR AFFORDABLE HOUSING IN IMMEDIATE AREA
The Location
Phoenix, AZ
The Phoenix-Mesa-Scottsdale, AZ, Metropolitan Statistical Area (MSA) is home to nearly 5.3 million residents, making it the 10th-most-populous metropolitan area in the United States. The vibrant growth of Greater Phoenix has outpaced U.S. population growth for more than 20 years and is one of only 23 U.S. combined statistical areas expected to see most of the nation’s growth through 2040. Metro Phoenix’s dynamic, diversifying economy has lured many people to the region, including those from the country’s large coastal markets. Greater Phoenix, comprising Maricopa and Pinal counties, is the state’s economic engine, representing approximately 76% of Arizona’s total nonfarm workforce. The region’s economy has evolved from tourism and consumption based industries to a major employment center with prevalent segment clusters in high-tech manufacturing, biotechnology, software development, aerospace, and business services. The region’s business-friendly policies have also provided the base for numerous regional and corporate headquarters, including nine Fortune 500 corporations.
The "Best Places to Rent in America in 2026"
- WalletHub
Greater Phoenix is home to the McDowell Sonoran Preserve, South Mountain Park and Preserve, and the Sonoran Preserve—among the largest parks and preserves in the U.S.
- U.S. National Park Service; The Trust for Public Land
The Phoenix metro is home to nine Fortune 500 headquarters
– Fortune
Phoenix ranked No. 7 nationwide among the "Best Emerging Tech Hubs in 2025"
- Site Selection
Contact Us
ORLANDO OFFICE
300 South Orange Avenue
Suite 1500
Orlando, FL 32801
PHOENIX OFFICE
2425 E Camelback Rd
Suite 960
Phoenix, AZ 85016
Investment Sales
Hunter LaRocca
Director
407.227.9643
[email protected]
Kevan Enger
Senior Managing Director
407.494.8541
[email protected]
Ian Hilpl
Managing Director
315.406.0900
[email protected]
Brian Hummell
Senior Director
614.468.5773
[email protected]
Broker of Record
Mark Forrester
AZ Real Estate
Broker License #LC649418000
Phoenix, AZ MHC
116 Sites | 96% Occupancy

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.






