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Capstone is pleased to present Waynesville Plantation, a 242-site community in Lumberton, NC. This offering is 87% occupied with 32 vacant park-owned homes left to fill. At the current lot rents, filling all these homes would bring in approximately $250,000 of additional income. Furthermore, the current owner has done an excellent job enhancing and maintaining the curb appeal of the community. The layout of the community allows for oversized lots and wide roads, 2-vehicle driveways, and it highlights the charming neighbor aesthetic. The owner brought in brand-new homes that are displayed nicely throughout the community. Waynesville Plantation also features two attractive components: public, direct-billed utilities and assumable debt on both the community and the park-owned homes.
Investment Highlights:
Brand New Homes
Upside in Filling 32 Vacant Homes
Public, Direct-Billed Utilities
Beautiful Landscaping and Oversized Lots
Entry Into Lumberton MSA, With Proximity to Fayetteville, Charlotte, and Raleigh
Assumable Debt on Community and Park Owned Homes