New Offering: 44-Site MH Community in Tallahassee, FL | Immediate Upside in Filling Vacancy

Download Offering Materials: Seminole MHP

Capstone Manufactured Housing is pleased to present Seminole MHP, a 44-site community in Tallahassee, FL. Located right off of I-90, this community is only a 20-minute drive from the Sunshine State capital which is rich in history, culture, and many recreational activities. Current ownership has done a great job enhancing the curb appeal by re-paving the roads, installing water meter readers at every site, vacating problem residents, and re-skirting and re-siding park-owned homes. By focusing on an aggressive leasing strategy for the vacant park-owned homes, a new owner could increase income significantly. This offering provides investors with an opportunity to acquire a community in the Tallahassee MSA with value-add components.

Investment Highlights
Frontage to Us-90 with Immediate Access to Tallahassee
Recent Implementation of Water Meter Readers & Recapture Upside
Immediate Upside in Filling Vacant Park-Owned Homes
Recent Capital Improvements Including Road Repaving, Park-Owned Homes Repaired, & Water Submetering Project

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