Download Offering Materials: Austin Manor
Capstone Manufactured Housing is pleased to present Austin Manor. Located in Geneva Township, Ohio, this manufactured housing community features 180 sites across 40± acres. This well-maintained community is in the Cleveland MSA, currently operates at a 62% occupancy, and features below-market rents. Additionally, it features low operational oversight due to the utilization of public utilities and a majority of resident owned homes. This offering provides investors with an opportunity to acquire a community with immediate rental upside and strong operational characteristics.
Investment Highlights
Below-Market Rents
Public Utilities
Upside in Filling Vacancy
Accessibility to Cleveland
Well-Maintained Community