Download Offering Materials: Juanita Mobile Home Community
Capstone Manufactured Housing is pleased to present Juanita Mobile Home Community, an 85-site manufactured housing community located in Mesa, AZ. The community is strategically located in the Phoenix Metropolitan area, which is a popular destination for retirees and 55+ age restricted manufactured housing communities. Juanita Mobile Home Community is one of the only all-ages communities in Mesa, and the rents are 35% below market, providing a new owner the opportunity to realize immediate income by raising rents in line with market. Although landscaping is kept to a minimum, the current owner has done an excellent job enhancing the curb appeal and aesthetics of the community. Palms trees and cacti are abundant throughout the park, and the owner recently repaved the roads in 2019.
This offering presents an opportunity to acquire a well-located, 98% occupied community with strong operational characteristics.
Investment Highlights
Below Market Lot Rents
Few All-Ages Communities in Mesa
Majority Lot Rentals Only
Stabilized Occupancy
Excellent Curb Appeal
