Mobile Home Park Details

  • Purchase Method: Cash
  • Property ID: 1168720
  • Posted On: Dec 19, 2019
  • Updated On: Jun 30, 2020

Property Description

Capstone Manufactured Housing is pleased to offer the opportunity to acquire Hillsborough Estates, a 90-site manufactured housing community located in the northwest portion of the Triangle region in Hillsborough, NC. The property is ideally situated near I-85 and I-40, allowing exceptional accessibility to all that the Triangle and Triad regions offer. Hillsborough’s growth and strong occupancy can be attributed to its relative affordability when compared to other housing options in nearby Triangle submarkets, providing upside and long-term future rent growth.

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Park Information

Community Type: All Age
Number of MH Lots: 90
Total Occupancy: 76.0 %
Year Built: 1982
Size: 20 acre(s)

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