144-Site MH Community in Cedar Rapids MSA | Public Utilities & Immediate Rental Upside

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

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