Mobile Home Park Details

  • Cap Rate: 7.7%
  • Listing ID: 1248333
  • Posted On: Apr 29, 2020
  • Updated On: Dec 29, 2020

Description

Download Offering Materials: http://capstoneapts.listinglab.com/OttawaKansasPortfolio/

Capstone Manufactured Housing presents the Ottawa Kansas Portfolio. This portfolio features 116 sites across two communities: Acres Estates MHP and Cherrywoods MHP. These communities showcase a combined occupancy of 95% with below market rents and minimal operational oversight. Additionally, both communities are located within qualified Opportunity Zones and a short drive from a newly completed 1.5 million SF logistics park that is fueling area job growth.

Interested in purchasing this mobile home park? Get pre-qualified for a loan.

Park Information

Community Type: All Age
Number of MH Lots: 116
Total Occupancy: 95.0 %
Average MH Lot Rent: $307
Size: 16 acre(s)

Utility Information

Water: City
Sewer: City

Other Listings by Tanner Byers