Download Offering Materials: Longview, Texas Portfolio
Capstone Manufactured Housing is pleased to present the Longview, Texas Portfolio. This 203-site portfolio is comprised of three communities and provides scaled entry into the Longview, TX MSA—a growing market with a population just under 300,000 that provides direct access to metro areas including Dallas, Texas and Shreveport, Louisiana. This community benefits from a low operating overhead due to the utilization of public utilities, shared staffing between all communities, and consists of all lot rentals; thus, reducing any further parked-owned home expenses. This portfolio benefits from an 89% occupancy and recently increased lot rents to $310. Even with this increase, they are around $100 below market. This offering provides investors with an opportunity to acquire three well-located and stabilized assets that also require very minimal oversight.
Investment Highlights:
Below Market Rents
Low Operational Oversight
Public Utilities
Favorable Accessibility to Highways