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Swan Lake Estates

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Berkadia Manufactured Housing is pleased to present Swan Lake Estates, a beautiful 200-site community located in Bates City, MO. Featuring prime frontage along I-70, the community is only a short, 30-minute drive from the Kansas City MSA. Residents at Swan Lake Estates benefit from living in a small-town atmosphere, with easy accessibility to the second most populous metro area in Missouri. Additionally, the community recently underwent several capital improvements, including lake restoration and new park owned homes. The current owner has invested significant capital to clean up the community and enhance overall aesthetics. As one of the nicer communities in the immediate area, Swan Lake Estates showcases below market rents and vacancy upside. This offering presents the opportunity to acquire an attractive asset in the Kansas City MSA with rental upside and excellent curb appeal.

Ideally Located In The Kansas City MSA Frontage Along I-70 Upside In Filling Vacant Homes Below Market Rents Beautiful Curb Appeal Recent Capital Improvements • Road Resurfacing • Lake Restoration • Property Enhancement • New Homes

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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 loan brokerage business in Nevada. © 2023 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 the Tax Credit Syndication group. For state licensing details for the above entities, visit: https://www.berkadia.com/licensing/.

Hunter LaRocca

Director 402.227.9643 hunter.larocca@berkadia.com

Ian Hilpl

Managing Director 315.406.0900 ian.hilpi@berkadia.com

INVESTMENT SALES

BROKER OF RECORD

Brian Hummell

Director 614.318.5482 brian.hummell@berkadia.com

Ken Aston

Ken Aston Managing Director 314.799.5018 ken.aston@berkadia.com

Kevan Enger

Senior Managing Director 407.494.8541 kevan.enger@berkadia.com

Bates City is located on the western edge of Lafayette County, Missouri, which has a population of nearly 33,700 residents. Conveniently situated along Interstate 70, the community is within a 30-minute drive of Downtown Kansas City. Residents are attracted to the area for its suburban location while remaining within proximity to major employment hubs and entertainment districts throughout the Kansas City, MO-KS, Metropolitan Statistical Area (MSA). Its small-town atmosphere and easy access to big city amenities makes Bates City an ideal choice for residents seeking a more affordable cost of living. According to Sperling’s Best Places, Bates City boasts an 84.5 cost of living index score, which is well below the Metro Kansas City average of 93.5 and the national average of 100.