Contact Information

Mobile Home Park Details

  • Price: $2,450,000
  • Cap Rate: 8.6%
  • Property ID: 1187063
  • Posted On: Feb 4, 2020
  • Updated On: Apr 13, 2020

Property Description

Capstone Manufactured Housing is pleased to present C & J RV Park and Hillside Mobile Home Park. These communities are well-located within the Shreveport MSA and benefit from a vast interstate system; thereby, providing convenience and accessibility throughout the region. These communities feature immediate rental upside due to rents well below nearby competition and market averages. Current ownership has recently made significant improvements to the properties by enhancing curb appeal and increasing operational efficiency. This offering presents the opportunity to acquire two well-maintained communities in the Shreveport MSA with immediate rental upside.

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Park Information

Community Type: All Age
Number of MH Lots: 109
Total Occupancy: 82.0 %
Size: 50 acre(s)

RV Information

Number of RV Lots: 21

Utility Information

Water Paid By: Tenant - Submetered

Park-Owned Homes

Number of Park-owned Homes: 5

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