Midwest Portfolio (incl. Harbourtown Mobile Home Park)
Legal trust name MHC Affordable Housing DST V
Offering size$83.0M
Asset typeOther
LocationVermilion, OH
FinancingLeveraged
Regulation D exemptionRule 506(c)
Sponsor-reported potential 721/UPREIT exitNo
First filedApr 9, 2026
Last filedApr 9, 2026
Minimum$100k
DST interests are illiquid private securities. You may lose some or all of your investment. Distributions, tax treatment, and exit timing are not guaranteed. Review the current Private Placement Memorandum before investing.
MHC Affordable Housing DST V is a leveraged Delaware Statutory Trust sponsored by MHC Capital and offered through S2K Financial. The trust holds 15 manufactured housing communities totaling roughly 2,335 pads across Ohio, Indiana, Wisconsin, and Michigan. Named communities include Harbourtown in Vermilion, Ohio; Whispering Pines in Warsaw, Indiana; Maple Grove and Colonial in Kendallville, Indiana; Arrowhead Lake in Swanton, Ohio; and Friendly Village in Adrian, Michigan. Sponsor material reports a $54 million senior loan at 5.50% and a 43.60% loan-to-value ratio. A Form D filed April 9, 2026 reported a total offering of $83,028,472.
Min $100k; $54M CMBS loan 5.45% IO, LTV 41.3%, DSCR 1.85x; occ 66.6% (87.7% of pads w/homes); appraised $130.7M
2,335 pads / 15 communitiesBased on issuer-filed Form D notices through Apr 9, 2026. Amounts are self-reported, may lag current subscriptions, and do not confirm availability. A Form D filing does not mean the SEC approved, endorsed, or verified the offering.
Reported sold as a percentage of stated offering amount0.0%Current Form D data does not support a reliable raise-progress estimate.
Not enough filing history for a trend line.
Capital sold, per latest Form D—
Remaining amount reported in latest Form D$83,028,472
Investor count reported in latest Form DNot disclosed
Stated minimum investment$100,000
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First filedApr 9, 2026
Latest filingApr 9, 2026
Filings tracked1
View filing on SEC EDGARForm D is an issuer notice filing. A filing does not mean the SEC approved, endorsed, or verified the offering.
Offering profile
SEC filings + cited sources
MHC Affordable Housing DST V is a leveraged Delaware Statutory Trust whose portfolio comprises 15 manufactured housing communities across Ohio, Indiana, Wisconsin, and Michigan 1. Property-level records identify roughly 2,335 pads across named communities, including Harbourtown in Vermilion, Ohio (228 pads); Whispering Pines in Warsaw, Indiana (220); Maple Grove in Kendallville, Indiana (251); Arrowhead Lake in Swanton, Ohio (246); Friendly Village in Adrian, Michigan (179); and Colonial in Kendallville, Indiana (137) 2.
Capitalization and structure
S2K Financial's listing reports a $54,000,000 senior loan carrying a 5.50% rate and a 43.60% loan-to-value ratio 1. The trust is 1031 exchange–eligible with a $100,000 minimum investment 13. A Form D filed April 9, 2026 reported a total offering of $83,028,472 with no amount sold as of that date 3.
Sponsor
MHC Capital is described as a vertically integrated manufactured-housing operator managing more than 4,000 sites and over $200 million in assets, spanning acquisitions, property management, construction, and infill operations 1.
Sources (3)
In the news
Frequently asked questions
Is Midwest Portfolio (incl. Harbourtown Mobile Home Park) currently active?
Midwest Portfolio (incl. Harbourtown Mobile Home Park) is classified by Top1031 as active. “Active” reflects the latest public record and does not confirm that interests remain available.
Where does Top1031 get the data for Midwest Portfolio (incl. Harbourtown Mobile Home Park)?
Top1031 tracks this offering from SEC Form D filings and cited sponsor disclosures. Filing data may lag current subscriptions and does not mean the SEC approved or verified the offering.