Mobile Home Park Details

  • Purchase Method: Cash
  • Property ID: 1059283
  • Posted On: Apr 22, 2019
  • Updated On: Sep 23, 2019

Property Description

Capstone Manufactured Housing is pleased to present Hillside Mobile Home Community, located in Greenville, Alabama, just 40 minutes south of Montgomery. The park benefits from an outstanding 100% occupancy with a current waitlist, and requires minimal oversight due to all utilities being directly billed, as well as the individually parceled nature of the asset. Due to the occupancy, waitlist, and below market rents, new ownership will be able to drive revenues through increasing rents from the start of acquisition.
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Park Information

Community Type: All Age
Number of MH Lots: 51
Total Occupancy: 100.0 %
Year Built: 1989
Average MH Lot Rent: $150
Size: 11 acre(s)

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