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/**

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Park Information

Community Type: All Age
Number of MH Lots: 434
Total Occupancy: 85.0 %
Average MH Lot Rent: $265
Size: 77 acre(s)

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