Mobile Home Park Details
- Cap Rate: 9.8%
- Listing ID: 827375
- Posted On: Jun 29, 2017
- Updated On: Jan 25, 2018
Description
Capstone Manufactured Housing is pleased to present the Canton Mobile Home Park Portfolio, a 118-site portfolio located to the immediate east of downtown Canton, OH. This offering consists of three separate parks: Sunny Acres, West Manor, and Sun Valley. All three parks are within 10 minutes of each other and have favorable proximity to Stark County’s significant economic progress—a major tourist venue expansion and entry of national retail and hospitality sites. New ownership can install several operational and physical value-add initiatives to quickly increase income at all parks. This portfolio presents a prime opportunity to acquire stabilized assets with upside potential in a strong market.
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Park Information
Community Type: | All Age |
Number of MH Lots: | 118 |
Year Built: | 1950 |
Size: | 12 acre(s) |