KBW MHP Holdings, LLC (“we”, “our”, “us”, or the “Company”) is an Iowa limited liability company formed to acquire and develop one or more mobile home parks in southeastern Iowa, USA (the “Property”).

The Property is designed to service the need for affordable housing and for those seeking both affordability and attainability. By using a system of mobile home-plans and materials selected by our designated home-builder contractor Affiliate, Heartland Craftsman, LLC (owned by Darron Hay (see “Management”)), we believe we can deliver quality and affordability to this growing market segment.

In light of market conditions and/or other factors, we may also hold onto the Property for long-term appreciation and/or cash flow purposes. While there can be no assurance these objectives will be achieved, we intend to use our best efforts toward realizing the highest and best use of the Property. (See “Risk Factors” and “Objectives, Strategies and Proposed Activities”).

KBW MHP Holdings, LLC 

Units of Class A-1 Investing Membership Interest
Target Offering: USD $250,000*
Minimum Subscription: USD $2,500

The First MHP is in Kalona, IA. It currently has 8 lots in the MHP which are going to be removed and redeveloped into 25 lots. New water, wastewater, electric, and gravel roads will be installed. 

The Second MHP is in Wayland, IA. This park currently has 33 empty lots. The infrastructure in the park needs updating. The water supply lines downstream of the city meter need replacing. The sewer line needs repairing and cleaning. The electric grid needs updating. Gravel roads need to be redone.

The Third MHP is in Brighton, IA. The park has 9 finished pads currently and a brand new (2019) water supply system, a new sewer line (2020), and a new electric grid (2020/21). The gravel road has received significant attention. There are currently 6 homes in this park. The three unoccupied units, owned by Heartland Crafstman are currently in the process of being remodeled; they will be sold to new tenants upon completion.  One is parked owned, two remaining units are tenanted owned. One of the tenant-owned and occupied units will be removed and replaced with a brand new house from the factory. 

New houses will be purchased from the factory and installed on the sites. These houses will then be sold to buyers who will qualify for bank financing from lending institutions specializing in Manufactured Housing loans. The buyers will be responsible for payment of lot rent while their unit is in our parks.