Download Offering Materials: Linden Place MHP
Capstone Manufactured Housing is pleased to present Linden Place MHP. This offering features 163 sites across 20± acres in Genesee County, Michigan and is an excellent value-add opportunity for investors. The community operates at 64% occupancy, with 55 vacant sites and 3 vacant park-owned homes left to fill. At the current lot rents, leasing up the vacancies would add over $200,000 to the bottom line. Additionally, the lot rents at Linden Place MHP are well-below market. Increasing the lot rents, combined with increasing occupancy, would lead to a dramatic increase in revenue. This offering presents an investment opportunity to acquire a property in a qualified opportunity zone with tremendous rental upside.
Investment Highlights
Significant Value-Add Opportunity
Scaled Entry into an Opportunity Zone
Frontage Along I-69