Download Offering Materials: Okeechobee Portfolio
Capstone Manufactured Housing is pleased to present the Okeechobee FL Portfolio, which consists of two RV communities: Lakeside Village RV Resort and Southern Sun RV Resort. Both communities are located on Lake Okeechobee, which is considered Florida’s “inland sea,” as demonstrated by the high demand for boating and freshwater fishing attractions. Each community offers amenities packages tailored to boating and fishing, which is an appealing bonus for the residents.
The portfolio benefits from mostly long-term RV residents, providing a more stable resident base due to the low turnover. Due to the long-term nature of the residents, an owner can operate the portfolio similarly to a mobile home park. Additionally, the communities are a short 12-minute drive from each other, allowing for shared staffing between the parks. This offering presents the unique opportunity to purchase 2 waterfront RV parks with rental upside on Lake Okeechobee.
Existing Value Propositions
Majority Long Term RV Residents
Immediate Value-Add Opportunity: Below Market Rents, Paid Laundry, Submeter Water, Eliminate Prepay Discount