The Danny Group of Marcus & Millichap National Manufactured Housing Group

06/13/2022

Just Closed! | Coastal Florida MH & RV Park

-$12,000,000+ Purchase Price
-100+ MH/RV Sites
-96% Occupied
-Less than 1 Mile to the Beach
-Majority Long-Term Tenants
-City Water & Septic
-Sub-Metered Electric
-No Re-trades

Please contact Dustin Wilmer for more details and similar results at 619-302-6008 (call/text) or [email protected]

Florida BOR: Ryan Nee | License # 3154667

06/13/2022

OFFERS DUE 6/15/2022 | Capitol City MHP | Denver, CO

All serious offers will be considered through June 15th, 2022

•78 MH Sites | 2 Apartments
•98% Occupied | 2 Park Owned Homes
•$584,364 NOI
•3.61 Acres
•City Water & Sewer
•Direct Gas & Electric
•Sub-Metered Water
•Pass Through Sewer & Trash
•20 Minutes to Downtown Denver

Please reach out for more information.

Colorado BOR: Adam Lewis | License: ER100091205

06/13/2022

Just Listed | American Campground MH & RV Park | Del Rio, TX

•136 Total Sites on 90 Acres
•78 RV Sites | 45 MH Sites | 13 Cabins
•Largest Park on Highway 90
•~60 Acres of Development Land w/ ~7 Acres of Premium Highway Frontage with Commercial Zoning
•Sub-Metered & Direct Billed Electricity
•Significant Recent Upgrades
•Clubhouse, Office, Pool, Restroom/Shower Facilities, & Laundry

Please contact Dustin Wilmer or Will Shealy for more information at [email protected] and [email protected].

Crexi: https://lnkd.in/gyBhEqtj

Dustin Wilmer: License: NV:S.0189499 | CA:01928162
619-302-6008
Will Shealy: License: 732835TX
832-920-4884

04/09/2014

Check out our website at www.mhpbroker.com!

Douglas A. Danny and his Team specialize in the nationwide marketing and sales of Manufactured Home Communities and RV Resorts. Douglas is a Senior Managing Director of Investments at Marcus & Millichap's San Diego and a Senior Director of the Marcus & Millichap National Manufactured Housing Group s...

03/13/2014

Current Inventory:

Southwestern Location
Size: 4 Star Senior Park - 443 Spaces
Cap Rate: 6.14%
Cash Flow: 8.33%

Melody MH Estates (El Cajon, CA)
Size: 2.5 Star - 52 Sites
Cap Rate: 5.89%
Cash Flow: 7.8%

Idle Wheels MHP (Bakerfield, CA)
Size: 2.5 Star - 32 Sites
Cap Rate:8.61%
Cash Flow: 15.4%
Also includes a 1100sq/ft. SFR and 500sq/ft. Laundry & storage facility.

Prince MHP (Tucson, AZ)
Size: 2.5 Star - 61 Sites
Cap Rate: 6.84%
Cash Flow: 9.8%

Lamplighter MHP (Tuscon, AZ)
Size: 2.5 Star - 67 Sites
Cap Rate:7.51%
Cash Flow:11.6%

Cottonwood Professional Offices (Casa Grande, AZ)
Size: .95 Acres Total Land
Cap Rate: 5.77%
Cash Flow: 7.52%

Chaparral Mobile Village (Tempe ,AZ)
Size: 3 Star 359 - Sites
Cap Rate: 6.01%$
Cash Flow: 6.6%

Covered Wagon RV Park (Phoenix, AZ)
Size 2 Star - 47 Sites
Cap Rate: 9.73%
Cash Flow: 17.1%

Lone Mountain MH Ranch (Las Vegas, NV)
Size: 2.5 Star - 82 Spaces
Cap Rate: 8.00%
Cash Flow: 12.6%

Shade Tree Village (Reno, NV)
Size: 2.5 Star - 62 Sites + 2bdr,1ba SFR
Cap Rate: 7.41%
Cash Flow 11.9%
62nd Site is used for office and storage.




For a list of closings see:http://www.mhpbroker.com/SoldList.pdf

Specialties: Senior Director, National Manufactured Housing Group.
I specialize in the listing and sale of Manufactured Home Communities and RV Resorts nationwide. I also own and operate 6 Mobile Home Communities; 5 in California, and 1 in Arizona.

Detailed information can be found on my website: http://www.mhpbroker.com

03/13/2014

We are writing to recommend Douglas Danny and his team to other owner’s of mobile home parks and apartments. He represented us in the marketing and sale of our 139 site MHP in Carson. Our family built the park in the 1960’s and this was the first time the property was available for sale. The family was pleased with Doug's approach where he first prepared a detailed financial analysis and pricing recommendation for discussion and review with our consultants. After their review, he met with us and walked us through the listing and selling process.

We felt comfortable and confident with his recommendations when we initiated the selling process. Doug's efforts produced six offers in less than three weeks. The offers ranged from 86% to 97% of the asking price. He guided us through several rounds of counter offers and ultimately we chose an all cash offer at 93% of the list price with a short term close.

The due diligence and inspection process was organized and efficient and Doug’s solutions to existing deferred maintenance issues were timely, fair and effective. He was in constant communication with us and his light, humorous approach eased a lot of our anxiety. We appreciated the fact that we always knew exactly where we stood in the deal!

Doug was also a valuable asset in some of our estate planning and on-site clean up challenges we faced prior to closing. We are confident that his efforts helped us achieve a top of the market price for the park. We are impressed with the Marcus & Millichap platform, Doug’s superior staff and his reliable commitment to us as his clients.

We strongly suggest that any owner, whether seasoned or inexperienced in the brokerage process employ Doug to represent them. His industry experience, hands on knowledge of the product type, people skills, honest communication and humorous demeanor make him unique in his field. He is a consummate professional and an asset to any owner considering the sale of their MHP/RV asset

Sincerely,
Marleen Yousofi and Sharleen Nakaoki-Aoki

03/13/2014

I have worked with Doug as a cooperating colleague since the 1990’s. We both work at Marcus & Millichap and have closed numerous MHC transactions representing our individual clients. Doug has been the listing broker on these closings.

Doug pitched the features and benefits of Telstar to me and helped me negotiate a mutually acceptable price with the Seller. I am a seasoned operator of multi-family and commercial properties and have brokered many mobile home park transactions. However, this is my first park purchase.

I appreciate Doug’s ability to organize all of the due diligence documents and assist in the evaluation process with the park and all other significant entities such as the City of Palmdale Planning Department. He provided constant updates on the operation of the community throughout the lengthy assumption process and we knew exactly where we were when escrow closed. He has continued to offer us operational consultation and his hands on experience as a park operator is valuable. I feel we will make the necessary transition and bring the park occupancy back to its pre 2008 levels.

Although I was perfectly capable of representing myself, I made the right decision to use Doug and his team. His commitment to his clients and the transaction process is evidenced by the result and I am now encouraging him to bring me another deal where I can act as principal.

Sincerely,
Tony Azzi

03/13/2014

I listed one of my Arizona Senior parks with Doug and his team. Doug and I spent many hours perfecting the underwriting of my communities. His financial skills helped distinguish my parks from many of the other offerings with optimistic expense loads and NOIs. I see the benefit of a historical spreadsheet and a budget utilizing industry based percentages and realistic expense per site calculations, although every Buyer has their own formula. The Arizona Acres package NOI was accurate, defendable and acceptable to the buyer pool. This approach generated multiple offers and minimal retrading. We sold and closed the park at 97.5% of list!

Doug's team and the Marcus & Millichap platform produced a number of up leg opportunities throughout the process. In this case, I chose to close the sale without an exchange due to a favorable tax position in my portfolio.

I appreciate Doug’s attention to detail and willingness to persuade me to underwrite and price my parks at the pinnacle of retail instead of in the world of fantasy. He has a good natured approach, sense of humor and superb listening / communication skills. He stays in contact, returns calls immediately and is always a pleasure to deal with in a transaction. He is experienced, determined, honest, trustworthy, confident, empathetic and committed to his client’s success. I strongly recommend him to all of my peers and investors looking to buy, sell or refinance a MHC.

Sincerely,
Angus Keith

03/13/2014

Chad O'Connor joined the San Diego office of Marcus & Millichap Capital Corp. (MMCC) in June 2004. As a vice president capital markets with MMCC, Mr. O'Connor is responsible for securing commercial debt and equity financing for an array of property types including multifamily, office and industrial, retail, seniors housing and hospitality. He is well connected with national, regional and local funding sources including, but not limited to, agency lenders (e.g. Fannie Mae, Freddie Mac), commercial banks, CMBS lenders, life insurance companies, private and public funds and bridge lenders. During his career with MMCC, Mr. O'Connor was honored as MMCC’s top originator in 2007 and has been a top 10 producer for the past seven years. He was a recipient of the firm’s prestigious national achievement award in 2007, 2010, 2011 and 2012 and has received a sales recognition award every year since 2006.

marcusmillichap.com

9255 Towne Centre Drive
Suite 700
San Diego, CA 92121
Telephone: (858) 373-3146