Download Offering Materials: Central-East Texas Portfolio
Capstone Manufactured Housing is pleased to present the Central-East Texas Portfolio. This portfolio features 746 sites across six communities: Gateway MHC, Cimarron Park Estates, Clear Creek Rentals, Oakwood MHP, Sunset Ridge MHP, and Hidden Valley MHP. These communities are strategically located in the Corpus Christi, Killeen, Texarkana, and Houston markets, providing scaled entry into Texas. The portfolio showcases an overall occupancy of 80%, public utilities, and below market rents. Additionally, new management can substantially reduce operating expenses by converting current park-owned home rentals to a lease-to-purchase structure. This offering presents an opportunity to gain scaled entry into Texas by acquiring six well-maintained communities with public utilities and below market rents.
Investment Highlights:
Below Market Rents
Public Utilities Paid by Residents
Curb Appeal
Expansion Potential at Gateway
Scaled Entry Into Market
