Mobile Home Park Details
- Listing ID: 1436398
- Posted On: May 10, 2021
- Updated On: Jan 3, 2022
Description
Capstone Manufactured Housing is pleased to present the Springfield-Joplin Portfolio. This offering features 434 sites across two communities: English Village Mobile Home Park and Country Acres Mobile Home Community. Both communities are well-located within their respective markets, offering accessibility within the Springfield and Joplin MSAs. Current ownership benefits from operational efficiencies like public utilities and majority resident owned homes, which allow for a lower expense ratio and generate a higher net operating income. These communities offer immediate scaled entry into their surrounding markets, with excellent curb appeal and public utilities, thereby presenting the opportunity to acquire two well-maintained assets.
**Download Offering Materials: https://listings.capstone-companies.com/offering-info/577/1/**
Park Information
Community Type: | All Age |
Number of MH Lots: | 434 |
Total Occupancy: | 85.0 % |
Average MH Lot Rent: | $265 |
Size: | 77 acre(s) |