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Mobile Home Park Details

  • Price: Call for Price
  • Property ID: 1189780
  • Posted On: Feb 12, 2020
  • Updated On: Apr 6, 2020

Property Description

Capstone Manufactured Housing is pleased to present the Greenville-Spartanburg MH Portfolio. This portfolio offers immediate scaled entry into the Greenville-Spartanburg-Anderson CSA with 461 MH/RV sites, 7 single-family homes, 2 commercial offices, and 65 self storage units across 8 properties. With all 8 properties located within the Greenville-Spartanburg-Anderson CSA, the portfolio is strategically positioned to take advantage of the booming manufacturing industry and the vast array of amenities the region has to offer. These communities feature immediate rental upside with the ability to bring current scheduled rents to market rates. This portfolio also offers the ability to reduce current expenses by implementing a lease option purchase initiative with current park-owned homes. This offering presents an opportunity to invest in a portfolio with scaled entry into the expanding Greenville-Spartanburg-Anderson CSA, as well as substantial rental upside and value-add opportunities.

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Park Information

Community Type: All Age
Number of MH Lots: 451
Total Occupancy: 86.0 %

RV Information

Number of RV Lots: 10

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