Contact Information

Mobile Home Park Details

  • Price: $1,475,000
  • Property ID: 1104975
  • Posted On: Jul 10, 2019
  • Updated On: Dec 30, 2019

Property Description

Capstone Manufactured Housing is pleased to present the Asheville MH Portfolio, comprised of two desirable manufactured housing communities: Meadowood MHP and High Oaks MHP. These assets are ideally situated in the robust Asheville MSA and benefit from the market’s strong economic development. High Oaks MHP features a perfect 100% occupancy, with the overall portfolio at a stabilized 84%. This portfolio also features significant rental upside with lot rents currently 12% below the market average.

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Park Information

Community Type: All Age
Number of MH Lots: 38
Total Occupancy: 84.0 %
Average MH Lot Rent: $300
Size: 12 acre(s)

Utility Information

Water: City

Park-Owned Homes

Number of Park-owned Homes: 26

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