Download Offering Materials: Lancaster Estates.
Capstone Manufactured Housing is pleased to present Lancaster Estates. This offering features 138 sites and 83 storage units across 30± acres in Lancaster, Ohio. It is strategically located off Main Street, the primary road that runs through Lancaster, providing excellent accessibility throughout the region. The community showcases occupancy of 100%, nearly all tenant owned homes, direct-billed public utilities, and the additional income generated from the self-storage facilities. Additionally, there is approximately 11 acres of vacant, undeveloped land that is zoned for MH. A new owner could add significantly more value by building and leasing up more MH sites. This offering presents investors the opportunity to acquire a stabilized turn-key asset, with public utilities and expansion potential.
Direct-Billed Public Utilities
Turn-Key Asset with Operational Efficiencies