Download Offering Materials: Timber Ridge MHC
Capstone Manufactured Housing is pleased to present Timber Ridge MHC. This offering features 144-sites and is strategically located within the Cedar Rapids MSA. This well-maintained community benefits from public utilities that are billed back to their residents, helping eliminate costly utility expenses. Additionally, Timber Ridge operates at 51% economic occupancy with lot rents that are below the market competition. By focusing on filling vacant sites and raising rents, a new owner could increase income significantly. This offering presents an opportunity to acquire a charming community in the Cedar Rapids MSA with tremendous value-add components and operational characteristics.
Investment Highlights:
Potential Effective Rental Income Gain
Opportunity To Increase Rents
Public Utilities Billed Back to Residents
Situated In the Cedar Rapids MSA
Well-Maintained Community
