OFFERING MEMORANDUM

CAMPERS PARADISE CAMPGROUND 130 SITE / 31 ACRE CAMPGROUND & CABIN RESORT 37 STEELE DRIVE, SIGEL PENNSYLVANIA, 15860

©2019 Colliers International. Information herein has been obtained from sources deemed reliable, however its accuracy cannot be guaranteed. The user is required to conduct their own due diligence and verification. CONFIDENTIALITY CONTACT US & DISCLAIMER OFFERING Colliers International South Florida, LLC STATEMENT 2385 NW Executive Center Dr, Suite 350 PROCEDURE Boca Raton, FL 33431 +1 561 353 3650 Intended solely for your own limited use to determine whether you wish to express any further interest in the Property. This Offers should be submitted in the form of a standard non- confidential memorandum contains brief, selected information binding Letter of Intent, which can be found on the colliers.com/ManufacturedHousing pertaining to the business and affairs of the Property and has Colliers International Document Center, and must specify been prepared by Colliers International South Florida, LLC, the following: primarily from information supplied by the Owner. Although this • Price (Call for pricing guidance) confidential memorandum has been reviewed by representatives • Length of Inspection Period of the Owner, it does not propose to be all-inclusive, nor does it • Length of Closing Period contain all the information which a prospective purchaser may • Amount of earnest money deposit at execution of a require or desire. Neither the Owner, nor any of its officers, Purchase and Sale Contract directors, employees or agents, nor Colliers International South • Amount of additional deposit upon expiration of Florida, LLC, makes any representation or warranty, expressed or Inspection Period implied, as to the accuracy or completeness of this confidential memorandum or any of its contents, and no legal liability is assumed or is to be implied by any of the aforementioned with HEATHER BLANKENSHIP respect thereto. Prospective offers are advised to verify the Director, RV Business Development information independently. The Owner reserves the right to Manufactured Housing & RV Group change the price or any information in this Memorandum, or to +1 865 456 4047 withdraw the Property from the market at any time, without [email protected] notice. This confidential memorandum shall not be deemed an indication of the state of affairs of the Property or the Owner, nor MICHAEL J. NISSLEY shall it constitute an indication that there has been no change in National Director, the business or affairs of the Property or the Owner since the date Manufactured Housing & RV Group of preparation of this memorandum. By your receipt of this +1 561 479 1588 confidential memorandum, you agree that the information [email protected] contained herein is of a confidential nature and you will not disclose this memorandum or any part of the contents to any other person, firm or entity without prior authorization from Colliers International South Florida, LLC. TABLE OF CONTENTS

EXECUTIVE SUMMARY INVESTMENT HIGHLIGHTS PROPERTY OVERVIEW

PAGE PAGE PAGE 04 05 06

PROPERTY LOCATION PROPERTY IMAGES FINANCIAL SUMMARY & ESTIMATE OF REVENUES

PAGE PAGE PAGE 07 08 10

CAMPGROUND COMPARABLES MARKET OVERVIEW MANUFACTURED HOUSING & RV GROUP

PAGE PAGE PAGE 12 14 17

3 | COLLIERS INTERNATIONAL EXECUTIVE SUMMARY

The Colliers Manufactured Housing & RV Group is pleased to present the opportunity to acquire Campers Paradise Campground and Cabins, a 130-site RV Campground on 31 acres located at the southern foothills of the Allegheny National Forest and one mile from the Clarion River in Sigel, Pennsylvania.

Located roughly ninety miles northwest of Pittsburgh and 147 miles south of Buffalo, NY, Campers Paradise Campground and Cabins is a highly rated RV Resort that combines excellent location, adequate amenities (Good Sam rating of 7.5/8.5/9.0), and excellent customer service that has earned a 4.6 rating among 176 reviews on Facebook and a 4.5 rating on Trip Advisor (with 70% of the reviews providing excellent or five-star ratings).

This just might be the most beautiful campground in all of Pennsylvania.

-article INVESTMENT HIGHLIGHTS Campers Paradise

• Pennsylvania attracts more than 39,700,000 visitors and ranks as the fourth highest among east coast states for visitors. • Access to population of nearly 41,000,000 among Pennsylvania, Ohio, Maryland, Virginia and West Virginia. • Located between two top vacation destinations of Erie to the northwest and Pittsburgh to the Southwest.

• Within fifteen minutes to two state parks that provide an abundance of recreation that include hiking, hunting, and fishing. > Allegheny National Forest | 513,175-acres to the north > Cook Forest State Park | 8,500-acres to the northwest

• Tremendous Demand > the Allegheny National Forest attracts roughly 4,000,000 visitors annually. • Limited supply > One of four campgrounds (463 sites) in a 50-mile radius with Good Sam rating above 7/8/9 (for Facilities/Bathrooms/Appeal).

• Highly Rated > Earned Facebook rating of 4.6 among 176 reviews and Trip Advisor Rating of 4.5 among 140 reviews. • Foundation for successful transition as ownership is provided a legacy of well-maintained grounds, friendly staff and advertised activities from early May to late October.

• With actual rents of $396,090 and gross potential rents of $2,518,865, there is potential to increase to $1,017,100 (2.57 times) by increasing economic occupancy from 15.7% to 50.9% through improved operations and marketing tools to attract more travelers. Plus, additional opportunity to improve revenues through property improvements and expansion of cabins.

5 | COLLIERS INTERNATIONAL PROPERTY OVERVIEW 130 Site 7.5/8.5/9.0 rating Clear Creek State Forest 31 Acres WI-Fi Wild Wild West Campground on Good Sam Territory 1 Mile from the Connectivity Clarion River

Kenai

Paradise Trail 28 27 29 26 24 23 21 20 31 30 25 22 19 18 46 32 47 48 49 50 51 17 45 60 58 56 54 > TOTAL SITES > SERVICES PROVIDED 61 59 57 55 53 16 33 44 15 Total Sites: 130 RV Storage 43 62 63 64 65 40 14 95 42 94 34 13 96 Electric + Water/Sewer: 57 ATM Machine 41 12 97 39 93 Kodiak 11 105 98 35 68 92 99 Elecric + Water: 39 38 71 70 69 10 104 36 9 91 103 100 05 102 100A 4 5 6 7 8 106 Tent Sites: 22 37 04 1 2 3 90 101 107 > ITEMS SOLD

72 73 74 75 89 88 108 87 86 Cabins: 12 Paps 109 General Store with groceries plus; 76 77 78 79 80 81 110 82 83 03 111 Camping & Fishing supplies 112 02 113 > SITE TYPES Pizza & Ice Cream 114 KEY 01 84 115 Water, Electric & Sewer 30 AMP Electric 116 Water & Electric Tent Sites Full Hookups: 57 > SERVICES PROVIDED Dump Station Playground Modern Cabins Pull-Through: 6 Gas Sales (Boating) Game Primitive Cabins Room Cabin w/ Private Hot Tub Back-In: 90 SPEED Basketball Denali LIMIT 7½ MPH Volleyball Shaded (Mostly) Cornhole > ON-SITE AMENITIES Yardzee Office Swimming Pool Life-size Solar Heated Pool, Wading Pool Outpost Checkerboard Propane Woodshed Ice Cream & Pizza > UTILITIES To Sigel 3 Miles Security Gate Playground S.R. 949 P Parking Big Sky Yukon The Bunkhouse (Rental) Water & Sewer Game Room Covered Wagon (Rental) Dakota Tipi ( Rental) (Septic & Well) Bathhouse Pavilion Canyon Dishwashing Station Paradise West Trash Dumpster Basketball & Volleyball Court > SITE DIMENSIONS Horseshoes, Cornhole, Yardzee Located at the southern gateway to the 513,175-acre Allegheny Typical Width: 30 Feet National Forest, and just south of the 8,500-acre Cook Forest State Maximun Depth: 70 Feet > RECREATION WITHIN 10 MINUTES Park and the Clarion River, Campers Paradise Campground and Boating, Kayaking, Canoeing Cabins is a highly rated campground that combines excellent location, > SITE FEATURES Hiking & Biking adequate amenities and excellent customer service. Campers Fire Ring Fishing Wi-Fi ATV Riding Paradise is a family friendly campground that has several activities Hunting (Seasonal) for all ages throughout the year. The RV sites are all shaded as most > FACILITY FEATURES of the sites are full hook-up sites with including water, sewer, cable Guest Reception and 30-amp electricity. Other site features include either back-in or Restroom and Showers pull-through Laundry

> POLICIES Pets Welcome Tents Welcome 6 | COLLIERS INTERNATIONAL BUFFALO, N.Y. 147 MILES NORTH PROPERTY LOCATION ALLEGHENY NATIONAL FOREST 5 MILES NORTH

Located at the foothills of the Allegheny National Forest, Campers Paradise has a highly rural location that is three miles north CAMPERS PARADISE of Sigel and ten miles north of Interstate 80, which provides east-west access throughout central Pennsylvania and northern Ohio.

LOCATION DISTANCE DIRECTION CLARION COUNTY AIRPORT 26 MILES SW Clarion River 1 mile Northwest Allegheny National Forest 5 miles North Cook Forest State Park 5 miles Northwest Erie, PA 92 miles Northwest Pittsburgh, PA 90 miles Southwest Buffalo, NY 147 miles North PITTSBURGH INT’L AIRPORT 60 MILES SOUTHEAST PROPERTY IMAGES

8 | COLLIERS INTERNATIONAL PROPERTY IMAGES

9 | COLLIERS INTERNATIONAL Financial Summary

YEAR-1 ADJUSTMENTS & NOTES INCOME AND EXPENSE ANALYSIS

> Rental Revenues IN-PLACE HISTORICAL DATA PRO FORMA 1. Current rents: $15.72% economic occupancy YR-2 DOLLAR INCOME 2017 2018 $ PER SITE YR-1 PROJECTED YR-2 PROJECTED 2. YR 1 Proforma rents based on reduction PER SITE in rents to increase occupancy Camping Income $247,579 $247,579 $2,098 $495,200 $750,400 $6,359 < 118 Sites > Other Income / Sales Cabin Income $148,511 $148,511 $12,376 $216,700 $266,700 $22,225 < 12 Cabins 1. Based on prior revenue per occupied site NET RENTAL INCOME $396,090 $396,090 $3,047 $711,900 $1,017,100 $7,824 < 130 Sites 2. Costs of goods sold based on prior Vacancy | Economic Loss $0 $0 $0 $0 $0 $0 percentage of sales EFFECTIVE RENTAL INCOME $396,090 $396,090 $3,047 $711,900 $1,017,100 $7,824 Economic Occupancy 15.7% 35.6% 50.9% > Payroll & Related (Actual Rents | Gross Potential) 1. Manager: Estimated at $36,000/YR plus OTHER INCOME performance Other Income $17,104 $17,104 $145 $49,400 $70,600 $543 < 130 Sites 2. Maintenance: Estimated at $18,000/YR Store - Net Profit $50,734 $50,734 $430 $114,958 $164,237 $1,263 plus performance bonus Restaurant - Net Profit $6,408 $6,408 $54 $14,500 $20,700 $159 3. Additional Payroll: Estimated at $24,000 for seasonal employees TOTAL OTHER INCOME $74,246 $74,246 $571 $178,858 $255,537 $1,966 EFFECTIVE GROSS INCOME $470,336 $470,336 $3,618 $890,758 $1,272,637 $9,790 < 130 Sites > General & Administrative YR-2 DOLLAR YR-2 % EXPENSES 2017 2018 $ PER SITE % OF EGI YR-1 PROJECTED YR-2 PROJECTED 1. Based on 2017 expense PER SITE OF EGI 2. Expense includes credit card fees, which is anticipated to increase with sales VARIABLE EXPENSES Payroll & Related $75,000 $75,000 $636 15.9% $96,000 $147,688 $1,136 11.6% > Marketing General & Administrative $22,495 $22,495 $191 4.8% $30,525 $43,611 $335 3.4% 1. Based on 2017 expense Marketing $40,452 $40,452 $343 8.6% $40,500 $40,500 $312 3.2% 2. Advertising estimated at $28,500 per year Maintenance & Grounds $69,882 $69,882 $592 14.9% $158,345 $226,224 $1,740 17.8% 3. Activities & Entertainment estimated at Management Fees $0 $0 $0 0.0% $17,815 $25,453 $196 2.0% $12,000 per year TOTAL VARIABLE EXPENSES $207,829 $207,829 $1,599 44.2% $343,185 $483,476 $3,719 38.5% FIXED EXPENSES > Repairs & Maintenance Utilities $58,772 $58,772 $498 12.5% $133,171 $190,258 $1,464 14.9% 1. Based on 2017 expense Insurance $7,826 $7,826 $66 1.7% $7,826 $7,826 $60 0.6% 2. Managment fees estimated at 2% of total Real Estate Taxes $11,108 $11,108 $94 2.4% $11,108 $11,108 $85 0.9% income (EGI) TOTAL FIXED EXPENSES $77,706 $77,706 $598 16.5% $152,105 $209,192 $1,609 17.1% TOTAL OPERATING EXPENSES $285,535 $285,535 $2,196 60.7% $495,290 $692,668 $5,328 55.6% > Utilities, Insurance & Real Estate Taxes Expense Ratio (% of EGI) 60.7% 60.7% 55.6% 54.4% 1. Based on 2017 expense NET OPERATING INCOME $184,801 $184,801 $1,422 39.3% $395,467 $579,969 $4,461 44.4%

10 | COLLIERS INTERNATIONAL ESTIMATE OF

SEASONS SEASON START SEASON END DAYS IN SEASON

REVENUES REGULAR SEASON 4/1/2019 11/1/2019 214 OFF SEASON (5M) 151 CAMPERS PARADISE - ESTIMATE OF REVENUES CURRENT RATES SITES OFF SEASON REGULAR SEASON OVERALL AVERAGE RV Sites with W/S & 30 AMP E 57 $48.00 $48.00 $48.00 RV Sites with W/S 39 $44.00 $44.00 $44.00 Tent Sites 22 $37.00 $37.00 $37.00 Total Sites Cabins / WTD AVG 118 $44.63 $44.63 $44.63 CAMPERS PARADISE - COLLIERS PROFORMA Hospitality - Tipee 1 $85.00 $85.00 $85.00 CURRENT RATES SITE OFF SEASON REGULAR SEASON OVERALL AVERAGE Hospitality - Covered Wagon 1 $85.00 $85.00 $85.00 RV Sites with W/S and 30 AMP E 57 $36.00 $38.40 $37.41 Hospitality - The Bunkhouse 1 $85.00 $85.00 $85.00 RV Sites with W/S 39 $33.00 $35.20 $34.29 Cabin - Primative 2 $95.00 $95.00 $95.00 Tent Sites 22 $27.75 $29.60 $28.83 Cabin - 1 $140.00 $140.00 $140.00 Hospitality - Tipee 1 $63.75 $76.50 $71.23 Cabin - 6 $175.00 $175.00 $175.00 Total Hospitality Revenues 12 $136.25 $136.25 $136.25 Hospitality - Covered Wagon 1 $63.75 $76.50 $71.23 Total Camping Revenues 130 $53.08 $53.08 $53.08 Hospitality - The Bunkhouse 1 $63.75 $76.50 $71.23 COLLIERS PROFORMA Cabin - Primative 2 $71.25 $85.50 $79.60 OPERATING HISTORY 2016 2017 2018 (YR 1) Cabin - Modern 1 $105.00 $126.00 $117.31 Gross Potential Revs (Sites) $1,922,090 $1,497,914 Cabin - Private Hot Tub 6 $131.25 $157.50 $146.64 Economic Loss ($1,674,511) ($1,002,765) Total Sites Cabins / WTD AVG 130 $39.81 $43.73 $42.11 Total Site Revenues $0 $247,579 $247,579 $495,200 Economic Occupancy 12.88% 33.06% YR 1 REVENUES GROSS POTENTIAL ESTIMATED OCCUPANCY ESTIMATED REVENUES RV and Tent Sites > Regular Occupied Sites 15.20 39.01 $901,539 45.0% $405,700 Season Total Rents / Site / Day $0.00 $5.75 $5.75 $11.50 RV and Tent Sites > Off-Season $596,375 15.0% $89,500 Gross Potential Revs (Hospitality) $596,775 $500,065 All Cabins > Regular Season $314,901 60.0% $188,900 Economic Loss ($448,264) ($283,350) All Cabins > Off-Season $185,164 15.0% $27,800

Total Hospitality Revenues $0 $148,511 $148,511 $216,700 Total Rents $1,997,978 35.6% $711,900 Economic Occupancy 24.89 43.33% Total Rents / Site / Day $15.00 Occupied Sites 2.99 YR 2 REVENUES - STABILIZED GROSS POTENTIAL ESTIMATED OCCUPANCY ESTIMATED REVENUES Total Rents / Site / Day $0 $33.91 $33.91 $49.47 RV and Tent Sites > Regular $901,539 70.0% $631,100 Gross Potential Revs (Overall) $2,518,865 $1,997,978 Season Economic Loss ($2,122,775) ($1,286,078) RV and Tent Sites > Off-Season $596,375 20.0% $119,300 Total Hospitality Revenues $0 $396,090 $396,090 $711,900 All Cabins > Regular Season $314,901 70.0% $220,400 Economic Occupancy 15.72% 35.63% All Cabins > Off-Season $185,164 25.0% $46,300 Occupied Sites 20.44 46.32 Total Rents $1,997,978 50.9% $1,017,100 Total Rents / Site / Day $0 $8.35 $8.35 $15.00 Total Rents / Site / Day $21.44

11 | COLLIERS INTERNATIONAL CAMPGROUND COMPARABLES 6 7

2

CAMPERS PARADISE 1

3 5

4

# GOOD SAM FACEBOOK TRIP ADVISOR RV RESORT TOTAL SITES DISTANCE PEAK SEASON RATE RATING RATING RATING Subject Campers Paradise 130 7.5/8.5/9.0 4.6 4.5 $48 1 Kalyumet Campground 150 16.6 Mi West 9.0/10/10 4.8 4.5 $56 2 Whispering Winds Campground 54 37 Mi North 8.0/8.0/8.0 4.8 Not Rated $40 3 Gaslight Campground 128 42.3 Mi West 8.5/8.5/8.5 4.1 3.5 $37 4 Woodland Campground 73 55.7 Mi East 8.0/9.5/9.5 4.9 Not Rated $45 Yogi Bear’s Jellystone Park 5 157 56.3 Mi West 9.0/10/9.5 4.7 4.5 $55 at Kozy Rest 6 Hidden Valley Camping Area 225 63.8 Mi North 9.0/10/9.5 4.6 4.5 $48 7 Harecreek Campground 79 74.4 Mi Northwest 8.5/8.5/8.5 4.6 3.5 $40 TOTAL CAMPSITES WITHIN 75 MILES 996 > Note: Peak season rate based on full hook-up with 30-AMP electric

12 | COLLIERS INTERNATIONAL Allegheny National Forest

13 | COLLIERS INTERNATIONAL MARKET OVERVIEW

Given its location and place in history, Pennsylvania ranks among of one of the top vacation destinations as it attracts nearly 38 million visitors annually to explore recreational activities, enjoy a family vacation in diverse destinations, and learn about America’s history.

Pennsylvania provides a natural year-round playground as travelers explore the rugged and wild beauty of tree-covered mountains. In addition, Pennsylvania’s rich history is documented at museums, battlefields and memorials. Visitors can learn the nation was born in Philadelphia, saved at Gettysburg; and cities such as of Pittsburgh, Scranton, Allentown and Erie ushered in the Industrial Revolution. To compliment it all, family attractions, art museums, galleries and premier shopping destinations offers travelers plenty of detours throughout Pennsylvania.

The following is a quick review for the demand and attractions:

Top East Coast States by Top Destinations in Visitors of State Parks: Top State Parks in Pennsylvania: Pennsylvania: New York 61,417,353

Ohio 41,089,222 Moraine State Park 6 Miles East Pittsburgh 43 Miles south Illionois 40,493,729 Allegheny National Forest 75 Miles Northeast Lake Erie 90 Miles North Pennsylvania 37,910,780 Kinzu Bridge State Park 130 Miles Northeast 224 Miles Gettysburg Tennessee 33,452,320 Leonard Harrison State Park 205 Miles Northeast Southeast 254 Miles Hersey Massachusetts 30,006,109 Ricketts Glen State Park 255 Miles East Southeast 340 Miles Michigan 26,283,252 Philadelphia Southeast

14 | COLLIERS INTERNATIONAL TOURISM Cook Forest State Park

Cook Forest State Park is a 8,500-acre Pennsylvania state park in Farmington Township, Clarion County, Barnett Township, Forest County and Barnett Township and Jefferson County. The park is a heavily wooded area of rolling hills and mountains along the Clarion River in northwestern Pennsylvania.

Cook Forest is now a National Natural Landmark and was rated one of America’s Top 50 State Parks by National Geographic Traveler magazine. It was chosen by the Pennsylvania Department of Conservation and Natural Resources (DCNR) and its Bureau of Parks as one of “25 Must-See Pennsylvania State Parks”.

Cook Forest features 27 marked trails totaling some 29 miles for hiking. The terrain is of rolling hills and cool valley streams. Special scenic areas are the old growth forest, Fire Tower/Seneca Point and the Clarion River. Among Cook Forest’s primary attractions is the “Forest Cathedral” area of old growth white pine and hemlock, some trees top 180 feet. A somewhat more minor attraction is the short rock “grotto” found in the midst of the mountain-laurel thickets along Seneca trail roughly halfway between the Fire Tower/Seneca Point area and the end of Deer Park Trail. Part of the Baker Trail (140 miles) and the North Country National Scenic Trail pass through Cook Forest. The Baker Trail runs from Freeport, in southern Armstrong County, to the Allegheny National Forest. The North Country Trail is under development and will connect the Missouri River in North Dakota with the Adirondack Mountains in New York.

Websites: Cook Forest Allegheny National Forest Pennsylvania Tourism

15 | COLLIERS INTERNATIONAL COOK FOREST ATTRACTIONS

The 8,500-acre Cook Forest State Park and 3,136 acre Clarion River Lands lie in scenic northwestern Pennsylvania. Known for its stands of old growth forest, the park’s Forest Cathedral of towering white pines and hemlocks is a National Natural Landmark. A scenic 13-mile stretch of the Clarion River flows through Cook Forest State Park and is popular for canoeing, kayaking, and tubing.

• HIKING: There are over 47 miles of hiking trails and 4.3 miles of multi-use trails within Cook Forest State Park. An additional 24 miles of multi-use trails and 8 miles of hiking trails are located within the Clarion River Lands. • BIKING: Bikes are permitted on all one-way, dirt roads within the park. A 13-mile bicycle route follows lightly traveled roads within the park and a portion of Hefren Run Trail. • HORSEBACK RIDING: A loop trail begins at a small parking lot on Forest Drive, connects to Old Logging Road, and winds through beautiful pine plantations. Twenty-four miles of additional trails are located downstream of Gravel Lick Bridge in the Clarion River Lands. • PICNICKING: Picnic tables and charcoal grills are available throughout the park. • FISHING: The Clarion River provides fishing for trout, warmwater game fish, and panfish. About 2.5 miles of Toms Run is stocked with trout. A special fishing pond stocked with trout is located by the park office and is available for use by children ages 12 and younger and people with disabilities. • BOATING: The Class 1 Clarion River provides excellent canoeing and kayaking, especially during the spring and fall. • HUNTING AND FIREARMS: Over 12,000 acres of Cook Forest State Park and Clarion River Lands are open to hunting, trapping, and the training of dogs during established seasons. Common game species are deer, squirrel, bear, and turkey. Over 10,000 acres of adjacent state forests and over 500,000 acres of Allegheny National Forest are also open to hunting. • SCENIC VIEWS: Two scenic views are accessible from Fire Tower Road, about 1.5 miles from Route 36. From the rock ledges of Seneca Point Overlook you can see the Clarion River Valley. In addition, an 80-foot climb up Historic Fire Tower #9 gives a breathtaking view of the entire area. On a clear day, you can see points up to 15 to 20 miles away. • SAWMILL CENTER FOR THE ARTS: A local, non-profit craft organization housed in the historic sawmill offers traditional crafts, a gift shop, and classes.

16 | COLLIERS INTERNATIONAL Manufactured Housing & RV Group

The Colliers Manufactured Housing & RV Group focuses exclusively on VALUATION & ADVISORY SERVICES Manufactured Housing Communities and RV Resorts across the United States and Canada. Our group offers a diverse collection of relevant industry Each year Colliers International Valuation & Advisory Services (CIVAS) experience including community ownership and management, acquisitions, appraises over 500 manufactured home communities (MHC). This includes age disposition, debt and equity finance, land development and assemblage, restricted (55+) communities, all age family communities and resident owned property marketing and market research. communities (ROC). We also have experience with unique communities such as AANR and MHC/Recreational Vehicle combo developments. Assignments Our professionals have been involved in more than $2.5 billion of manufactured range from single assets to large multi-state portfolios. home community and RV resort transactions and have consistently ranked among the top producers in the industry. Our services include:

ACQUISITIONS & DISPOSITIONS

Colliers Manufactured Housing & RV Group experts have developed significant influence within the local, regional, national and international investment communities as trusted advisors. We leverage our extensive property marketing resources, real-time market knowledge and research to produce world-class marketing campaigns for a wide range of clients. Our transaction experience ranges from single, one-off assets in tertiary markets to large, multi-market portfolios. We routinely execute assignments on behalf of REITs, large institutional investment firms, family offices and owner operators. In addition, the experience we bring as owners and operators of Manufactured home communities and RV resort assets adds significant value during both the pre-marketing and marketing phases.

17 | COLLIERS INTERNATIONAL CONTACT US

HEATHER BLANKENSHIP Director, RV Business Development Manufactured Housing & RV Group +1 865 456 4047 [email protected]

MICHAEL J. NISSLEY National Director, Manufactured Housing & RV Group +1 561 479 1588 [email protected]

Colliers International South Florida, LLC 2385 NW Executive Center Dr. Suite 350 Boca Raton 33431 +1 561 353 3650

colliers.com/ManufacturedHousing COLLIERS INTERNATIONAL Manufactured Housing Group