Contact Information

Mobile Home Park Details

  • Price: $2,700,000
  • Property ID: 1167773
  • Posted On: Dec 16, 2019
  • Updated On: May 11, 2020

Property Description

Capstone Manufactured Housing is pleased to present the Michigan MH Portfolio. This portfolio features 122 sites across 2 communities: Victoria Woods MHP & Kimball Estates MHP. Both communities are ideally located and centralized within their respective markets, providing great accessibility into nearby retailers, attractions, dining, and employers. Additionally, each community operates on public utilities and is primarily made up of resident-owned home sites, allowing for reduced management oversight. This offering presents the opportunity to acquire two well-maintained communities with tremendous value-add potential.

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Park Information

Community Type: All Age
Number of MH Lots: 121
Total Occupancy: 63.0 %
Average MH Lot Rent: $340
Size: 22 acre(s)

Utility Information

Water: City
Water Paid By: Tenant - Submetered
Sewer: City

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