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Capstone Manufactured Housing is pleased to present a 97-site mobile home park in Cocoa, FL: part of the “Space Coast” MSA. In addition to 97 sites, this park boasts 1 apartment, office, laundry, and a pool. The park is centrally located in the path of progress along major east-west and north-south travel channels. With a strong local demand for affordable housing, this is a great opportunity to acquire a stabilized asset in a burgeoning market. The property is a well-performing land lease community primed with revenues in excess of $400,000, and substantial upside potential through rental increases commensurate with the market.
INVESTMENT HIGHLIGHTS
All-Ages Community
No HOA
Sub-Metered City Water and Sewer Passed Through to Tenants
Roads Re-Paved January 2017
