Download Offering Materials: Libby Aurora MHP
Capstone Manufactured Housing is pleased to present Libby Aurora MHP. This offering features 61 sites in Cleveland, OH. The community currently operates at 67% occupancy, and combined with the low lot rents, it creates a significant value-add opportunity for a new owner. By focusing on leasing up the 20 vacant sites or raising rents in line with the market, investors can substantially increase revenue. This offering presents an opportunity to invest in a community in the Cleveland MSA, with rental upside and value-add opportunities.
Investment Highlights:
Upside in Filling Vacancy
Below Market Lot Rents
Ideal Location in Cleveland MSA
Opportunity to Pass Through 100% of Utilities to Residents
Proximity to Retail Centers and Amazon Warehouse
