New Offering: 338-MH Site Development in Sebring, FL MSA | Opportunity to Acquire Brand New, 5-Star Quality Asset

Download Offering Materials: Lake Placid MHC Development

Capstone is pleased to present the Lake Placid MHC Development. This offering features a newly developed, age-restricted, 338-site community that spans 93 acres in Lake Placid, FL. The developer plans to deliver the Certificate of Occupancy (COO) at the time of closing, greatly benefiting a new owner. The community will be open for business, and sales & marketing can rapidly begin the in-fill process. Furthermore, age-restricted manufactured housing communities dominate the Highlands County market and feature high occupancies. Their strong presence throughout the area demonstrates the increased demand for retirement communities and highlights the Lake Placid MHC Development as an enticing, new option for prospective residents to consider. In the immediate Lake Placid area, there are only 3 other manufactured housing communities, all of which have 97%, or higher, occupancies. A brand-new, 5-star community with luxury amenities will certainly attract residents to the area. Most importantly, the developers behind this project have a successful track record of MH/RV developments in recent years. From the ground-up, they were the champions behind 4 high-quality communities, all of which have a wealth of luxury amenities. When drawing up their concepts, their highest priority is the resident, which helps them create premier, first-class communities. A review of their excellent history provides a good idea of what the finished product will look like at Lake Placid MHC Development. This offering presents the tremendous opportunity to acquire a newly developed community in Central Florida.

Investment Highlights
Successful Developer Track Record
Brand New, 5–Star, Institutional Quality Asset
Certificate of Occupancy Delivered at Closing
Senior MH Communities in Surrounding Area

Compare listings