Property Documents

View documents for this listing such as the Offering Memorandum (OM) and Rent Roll by clicking the button below!

Please enable JavaScript in your browser to complete this form.


Capstone Manufactured Housing is pleased to present the Albany, GA Portfolio. This portfolio features 91 sites across two communities: Pleasant Hill and Worthmoore MHP. The communities are positioned approximately 10 minutes apart and provide immediate entry into the Albany MSA. This close proximity allows ownership to benefit from shared staffing, helping to reduce management oversight and expenses. The portfolio is currently operating at a 57% economic occupancy, and features below market rents, providing tremendous value add in the form of future rents and occupancy upside. Ownership has recently implemented over $850,000 in CapEx at the communities, primarily centered around bringing in and renovating 20+ POH, which are actively being leased up as they are completed. Additionally, Worthmoore MHP features public and direct-billed utilities; thus, optimizing the expense ratio, and in turn, generating a higher net operating income. This offering presents an opportunity to invest in a portfolio with scaled entry into the Albany MSA, as well as rental upside and value-add opportunities.

Investment Highlights:

Recent Capital Improvements Totaling Over $850,000

Frontage to Us-82 With Immediate Access to the Albany, GA MSA

Immediate Upside in Filling Vacant Park-Owned Homes at Worthmoore

Below-Market Lot Rents

Shared Staffing Capabilities

Public & Direct-Billed Utilities at Worthmoore

Potential To Add 24 Additional Lots at Worthmoore


  • City Albany
  • State/county Georgia
  • Zip/Postal Code 31791

Contact Information

Enquire About This Property

Similar Listings

Compare listings

Hunter LaRocca
  • Hunter LaRocca