Mobile Home Park Details

  • Cap Rate: 9.8%
  • Listing ID: 1324843
  • Posted On: Sep 16, 2020
  • Updated On: Jan 19, 2021

Description

Capstone Manufactured Housing is pleased to present Gardenia Hill. Located in Perkinston, Mississippi, this offering features 51 sites across a recently developed community ideally positioned in the expanding Gulfport-Biloxi MSA. The community consists of newer homes and infrastructure with direct billed utilities—substantially reducing costly capital expenditures, as well as repairs and maintenance cost. Current ownership retains an overall occupancy of 98% and has done a fantastic job maintaining the park.

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

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Park Information

Community Type: All Age
Number of MH Lots: 51
Total Occupancy: 98.0 %
Size: 26 acre(s)

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