Download Offering Materials: Grove Park
Capstone Manufactured Housing is pleased to present Grove Park, a 97-site community located in Douglas, GA. The city of Douglas is rich in history, has great small-town charm, and is only 59 miles Northeast of Valdosta. This well-maintained community is in a qualified opportunity zone that is strategically positioned off US-441 and provides residents with immediate access to Downtown Douglas. Additionally, Grove Park features mostly resident-owned homes and a strong occupancy of 95% allowing for minimal oversight. This community also features below market lot rents of $225, allowing for immediate rental upside; therefore, a new owner could implement scheduled lot rent increases to better align with the market and in turn, boost revenue. This offering presents investors with an opportunity to acquire a well occupied asset with significant lot rent upside; thus, allowing new ownership to increase clash flow from the start of acquisition.
Immediate Lot Rental Upside
98% Resident-Owned Homes
Stabilized 95% Economic Occupancy
Frontage To Us-441 with Direct Access to Douglas, Ga
Located Within a Qualified Opportunity Zone