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Mobile Home Park Details

  • Price: Call for Price
  • Property ID: 1343854
  • Posted On: Oct 21, 2020
  • Updated On: Jan 26, 2021

Property Description

Capstone Manufactured Housing is pleased to present the Central Iowa Portfolio. This portfolio features 270 sites across four communities: Prairie Village, Friendly Acres (Osceola), Friendly Acres (Chariton), and Country Estates. These communities are well-located and centralized within their respective markets, offering accessibility into two nearby MSA's: Des Moines and Cedar Rapids. The proximity of these communities allows ownership to benefit from shared staffing, helping to reduce costly management oversight and expenses. Additionally, Friendly Acres (Chariton) is situated within a qualified opportunity zone, which provides federal tax incentives for investors to re-invest their capital gains. This offering presents the opportunity to acquire a strategically positioned portfolio with immediate scaled entry into the expanding Des Moines and Cedar Rapids MSA’s.

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Park Information

Community Type: All Age
Number of MH Lots: 270
Total Occupancy: 71.0 %
Size: 102 acre(s)

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