Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park
Photo of Mobile Home Park

Mobile Home Park Details

  • Listing ID: 1164391
  • Posted On: Dec 12, 2019
  • Updated On: Nov 2, 2020

Description

Capstone Manufactured Housing is pleased to present Gaslight Villa, a 112-site mobile home community located in the Waterloo-Cedar Falls MSA. The community features immediate rental upside due to a solid 96% occupancy and rents currently $100 below the market average. Additionally, Gaslight Villa benefits from the utilization of direct-billed public utilities, with immediate reduction in historical utility expenses. This offering presents the opportunity to acquire a turn-key community with minimal oversight and immediate rental upside from the start of acquisition.

**Download Offering Materials: http://capstoneapts.listinglab.com/GaslightVillaMHP/**

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Park Information

Community Type: All Age
Number of MH Lots: 112
Total Occupancy: 96.0 %
Year Built: 1969
Average MH Lot Rent: $300
Size: 15 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - Individual Service
Sewer: City

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