Download Offering Materials: Confidential St. Pete-Clearwater MH Community
Capstone Manufactured Housing is pleased to present a Confidential St. Pete-Clearwater MH Community. This 56-site community showcases 100% occupancy with below market rents, all resident-owned homes and 1 apartment, and minimal operational oversight.
This community features public utilities and recently implemented a water and sewer recapture program. This offering presents a unique opportunity to acquire a turn-key asset with immediate upside in one of Florida’s most densely populated MSA’s.
Investment Highlights
Favorably Located Asset in the Tampa-St. Pete-Clearwater MSA
Less Than 5 Miles Away from Florida’s Central Gulf Coast
All Resident-Owned Homes Reducing Costly Repairs and Maintenance Expenses
Strong In Place Resident Base with 100% Occupancy
Below Market Rents
Turn-Key Asset with Low Operational Oversight
Value-Add Upside with Addition of Apartment & Opportunity to Bill-Back Trash
