Contact Information

Mobile Home Park Details

  • Price: $5,000,000
  • Cap Rate: 5.8%
  • Property ID: 1392356
  • Posted On: Feb 11, 2021
  • Updated On: Feb 11, 2021

Property Description

**Download Offering Materials: https://listings.capstone-companies.com/offering-info/479/1/**

Capstone Manufactured Housing is pleased to present the Orlando Portfolio. This 81-site portfolio is comprised of two stabilized communities: Big Oaks MHP in Orlando, FL and Wagon Wheel MHP in Kissimmee, FL. They are well-located within the Orlando–Kissimmee MSA, an area that has seen significant growth despite the pandemic. The portfolio features operational efficiencies due to most of the lots being resident-owned homes, and the residents paying for all their utilities through submetering or a flat fee. This offering presents an opportunity to enter the growing Orlando market by investing in two well-occupied, strategically located communities.

Strong Location within Orlando–Kissimmee MSA
Stabilized Properties with 98% Occupancy
Lot Rent Growth Potential
Majority Resident-Owned Homes, Reduces Costly Repairs and Maintenance Expense
Reduced Management Oversight Due to Proximity of Communities
Big Oaks is Located in the Middle of a Path to Progress Area

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Park Information

Number of MH Lots: 81
Total Occupancy: 98.0 %
Average MH Lot Rent: $440
Size: 9 acre(s)

Utility Information

Water: Well
Water Paid By: Tenant - Submetered
Sewer: City

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