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Mobile Home Park Details

  • Price: Call for Price
  • Property ID: 1395251
  • Posted On: Feb 18, 2021
  • Updated On: Feb 18, 2021

Property Description

Capstone Manufactured Housing is pleased to present the Austin Portfolio, comprised of 336 sites across 2 adjacent communities—The Trails of Oak Hill and Country Aire Mobile Home Park. Located off Texas State Highway 71, the communities are only 11 miles from downtown Austin, where home sales accelerated in 2020 and into 2021. The extraordinary demand in the housing market has pushed the median sales price higher than ever before, emphasizing the need and scarcity of affordable housing. With most of the manufactured housing options located on the east side of Austin, this portfolio is the only affordable housing alternative. The two communities are consistently 100% occupied in a luxury neighborhood, where apartment rents are significantly higher and home prices soar past $1M. This offering presents an opportunity to invest in a stabilized portfolio within a thriving Austin MSA, complete with rental upside and excellent curb appeal.

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Park Information

Community Type: All Age
Number of MH Lots: 336
Total Occupancy: 99.0 %
Size: 76 acre(s)

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