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Mobile Home Park Details

  • Price: Call for Price
  • Listing ID: 4646550
  • Posted On: Mar 11, 2024
  • Updated On: Mar 18, 2024

Description

Capstone is pleased to present the Western Tennessee MH & RV Portfolio, consisting of eight communities across Western Tennessee. This offering features a portfolio occupancy of 86% across 420 sites, of which five of the communities boast 90% occupancy or higher. With strong occupancy and below-market rents in a part of Tennessee that's rapidly growing, a new owner can capitalize on the high demand for workforce housing and increase revenue across the portfolio.
Not only does this portfolio boast scaled entry into Western Tennessee, but it also allows for shared staffing due to the proximity of these communities surrounding the Jackson, TN MSA. This offering provides investors with an opportunity to gain scaled entry into a rapidly growing region of Tennessee by acquiring eight well-maintained communities that are cash-flowing and have significant upside potential.

Investment Highlights:
Scaled Entry into Tennessee with Eight Communities Totaling 420 Sites
Stabilized 86% Portfolio Occupancy
High Demand for Workforce Housing & Below-Market Rents
Well-Maintained Communities
Close Proximity Allows for Shared Staffing & Economies of Scale
Numerous Economic Developments in Madison County
Potential Expansion Opportunities

Download Offering Materials: https://www.capstone-companies.com/property/west-tennessee-mh-rv-portfolio

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Park Information

Community Type: All Age
Number of MH Lots: 420
Size: 74 acre(s)

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