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Capstone is pleased to present this well-maintained and stabilized MH community located in the Columbus, OH MSA. This offering features 139 sites and 83 storage units across 30± acres in Lancaster, Ohio. It is strategically located off Main Street, the primary road that runs through Lancaster, providing excellent accessibility throughout the region. The community showcases occupancy of 98%, nearly all tenant owned homes, direct-billed public utilities, and the additional income generated from the self-storage facilities. Additionally, there is approximately 11 acres of vacant, undeveloped land. A new owner could add significantly more value by building and leasing up more MH or storage sites. This offering presents investors the opportunity to acquire a stabilized turn-key asset, with public utilities and expansion potential.
Investment Highlights:
Direct-Billed Public Utilities
Turn-Key Asset with Operational Efficiencies
Self-Storage Facility