Mobile Home Park Details

  • Property ID: 1418965
  • Posted On: Apr 7, 2021
  • Updated On: Apr 20, 2021

Property Description

Capstone Manufactured Housing is pleased to present the Mobile-Foley Portfolio, comprised of 141 lots and three mobile home communities—Camellia Trace, Pecan Pointe, and Greenwood Estates. Camellia Trace and Pecan Pointe are strategically located in the Mobile MSA and are a short 20-minute drive from each other. Greenwood Estates is on the east side of Alabama in the Foley MSA. All three communities feature below market lot rents, providing new ownership the potential to implement rent increases. This portfolio presents the opportunity to acquire three communities in expanding markets with plenty of value-add potential.

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Park Information

Community Type: All Age
Number of MH Lots: 141
Total Occupancy: 79.0 %
Year Built: 1995
Size: 25 acre(s)

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