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Investment Highlights

  • 96 total lots across four communities, providing scale and operational efficiency
  • Multiple communities within close proximity, allowing for operational efficiencies and shared management
  • Scalable portfolio for investors seeking entry or expansion in manufactured housing
  • All tenant-owned home communities with limited capital requirements and simplified operations
  • Flexible site usage with all communities permitting RV and camper occupancy

Executive Summary

Deal Room and Financials: https://www.marcusmillichap.com/properties/302875/henry-county-mhc-portfolio
Marcus & Millichap has been selected to exclusively market for sale the Henry County MHC Portfolio, a four-property, 96-lot manufactured housing portfolio located in Collinsville and Bassett, VA. This is a rare opportunity to acquire a scalable MHC portfolio in a supply-constrained market with strong demand for affordable housing.
The offering consists of a four-property, 96-lot manufactured housing portfolio across Collinsville and Bassett, VA, all structured as tenant-owned home communities providing stable, low-maintenance lot income. The portfolio offers immediate in place cash flow with operational upside driven primarily through gradual lot rent increases and improved management efficiencies. Each asset benefits from consistent demand for affordable housing and limited new supply, supporting long-term occupancy and stability. With minimal capital requirements and clear mark-to-market potential, the portfolio presents a straightforward value-add opportunity in a fragmented, supply-constrained sector.
Offers should be presented in the form of a non-binding Letter of Intent, spelling out the significant terms and conditions of the Purchaser’s offer including, but not limited to: 1) asset pricing, 2) due diligence and closing time frame, 3) earnest money deposit, 4) a description of the debt/equity structure, and 5) qualification to close. The purchase terms shall require all cash to be paid at closing.
At no point should tenants or staff be contacted regarding the sale of the Henry County MHC Portfolio.

Property Facts

Sale Type Investment
Status Active
Number of Properties 4
Individually For Sale 0
Total Building Size 525,334 SF
Total Land Area 14.23 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
110 Belcroft Ct, Bassett, VA 24055 Multifamily 349,787 SF - -
51 Warf Dr, Bassett, VA 24055 Multifamily 131,987 SF - -
28 Glen Meadow Dr, Collinsville, VA 24078 Multifamily 43,560 SF - -
1151 Tahoe Dr, Collinsville, VA 24078 Multifamily - - -
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  • Listing ID: 40638185

  • Date on Market: 2026-05-22

  • Last Updated:

  • Address: Henry County MHC Portfolio, Bassett, VA

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