Mobile Home Park Details

  • Property ID: 1431749
  • Posted On: Apr 30, 2021
  • Updated On: Jul 19, 2022

Property Description

Capstone Manufactured Housing is pleased to present the Northwest Ohio Portfolio, comprised of 299 sites across three communities: Woodland Groves, Pleasant View, and Birchwood Terrace. The portfolio features operational efficiencies due to the utilization of public utilities and shared staffing with the communities being less than 15 miles from each other. Additionally, Woodland Groves is located within a qualified opportunity zone, which provides federal tax incentives for investors to reinvest their capital gains. This offering presents the opportunity to invest in a portfolio with scaled entry into the surrounding market, as well as tremendous value-add potential.

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Park Information

Number of MH Lots: 299
Total Occupancy: 59.0 %
Average MH Lot Rent: $234
Size: 44 acre(s)

Utility Information

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

Park-Owned Homes

Number of Park-owned Homes: 12

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