Mobile Home Park Details
- Cap Rate: 7.7%
- Listing ID: 1248333
- Posted On: Apr 29, 2020
- Updated On: Dec 29, 2020
Description
Download Offering Materials: http://capstoneapts.listinglab.com/OttawaKansasPortfolio/
Capstone Manufactured Housing presents the Ottawa Kansas Portfolio. This portfolio features 116 sites across two communities: Acres Estates MHP and Cherrywoods MHP. These communities showcase a combined occupancy of 95% with below market rents and minimal operational oversight. Additionally, both communities are located within qualified Opportunity Zones and a short drive from a newly completed 1.5 million SF logistics park that is fueling area job growth.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 116 |
Total Occupancy: | 95.0 % |
Average MH Lot Rent: | $307 |
Size: | 16 acre(s) |
Utility Information
Water: | City |
Sewer: | City |