Mobile Home Park Details
- Listing ID: 1164391
- Posted On: Dec 12, 2019
- Updated On: Nov 2, 2020
Description
Capstone Manufactured Housing is pleased to present Gaslight Villa, a 112-site mobile home community located in the Waterloo-Cedar Falls MSA. The community features immediate rental upside due to a solid 96% occupancy and rents currently $100 below the market average. Additionally, Gaslight Villa benefits from the utilization of direct-billed public utilities, with immediate reduction in historical utility expenses. This offering presents the opportunity to acquire a turn-key community with minimal oversight and immediate rental upside from the start of acquisition.
**Download Offering Materials: http://capstoneapts.listinglab.com/GaslightVillaMHP/**
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Park Information
Community Type: | All Age |
Number of MH Lots: | 112 |
Total Occupancy: | 96.0 % |
Year Built: | 1969 |
Average MH Lot Rent: | $300 |
Size: | 15 acre(s) |
Utility Information
Water: | City |
Water Paid By: | Tenant - Individual Service |
Sewer: | City |