Contact Information

Property Description

Capstone Manufactured Housing is pleased to present the Savannah Portfolio: Main Street Manor, a mobile home park, and Dean Forest MHP, a mobile home and RV park, for a total of 82 developed sites. The historic city of Savannah is in Chatham County and has much to offer the surrounding community, including a prominent U.S. seaport, picturesque cobblestone streets, and historic parks and buildings. The Savannah Portfolio provides an ideal location, less than fifteen minutes from the Savannah central business district; thereby, providing a low-income housing alternative for residents within proximity to Savannah’s outstanding lifestyle amenities. Main Street Manor and Dean Forest have above average occupancy: 100% and 92%, respectively. The parks present an excellent opportunity for investors to benefit from two turn-key assets with consistent cash flow and the ability to increase rents to market average upon day one.

**Download Offering Materials: http://capstoneapts.listinglab.com/SavannahMHPortfolio/index.cfm**

Mobile Home Park Details

  • Price: $2,460,000
  • Property ID: 1021527
  • Posted on Jan 10, 2019
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Park Information

Community Type: All Age
Number of MH Lots: 82
Total Occupancy: 94.0 %
Size: 10.0 acre(s)

RV Information

Number of RV Lots: 30
Average RV Lot Rent: $475

Utility Information

Water Paid By: Tenant - Submetered

Park-Owned Homes

Number of Park-owned Homes: 27
Average Rent for Park-owned Homes: $586

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