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Capstone Manufactured Housing is pleased to present The Holiday Portfolio. This portfolio features 172 sites across two communities: Holiday Park I and Holiday Park II. The two communities are adjacent from each other, the proximity allows for shared staffing; thereby, reducing costly payroll/management expenses. Both communities feature low operational oversight due to the utilization of city utilities, shared management capabilities, and all homes being resident owned. The portfolio retains an overall occupancy of 98% and features below market rents. This offering presents the opportunity to acquire a strategically positioned portfolio with immediate rental upside, and strong operational characteristics.
Investment Highlights
Scaled Entry Into Market By Acquiring 172 Sites Across 2 Communities
City Water/Sewer Sub-Metered
98% Portfolio Occupancy
100% Tenant Owned Homes
Reduced Management Oversight Due to Proximity of Communities
Immediate Rental Upside
Well Maintained Portfolio with Curb Appeal