Austin Manor

Austin Manor

Geneva, OH
Available
  • Property Type: Manufactured Housing
  • Property Size: / 40.95 Acres / 180 Sites
  • Price: $6,950,000

Overview

Capstone Manufactured Housing is pleased to present Austin Manor. Located in Geneva Township, Ohio, this manufactured housing community features 180 sites across 40± acres. This well-maintained community is in the Cleveland MSA, currently operates at a 62% occupancy, and features below-market rents. Additionally, it features low operational oversight due to the utilization of public utilities and a majority of resident owned homes. This offering provides investors with an opportunity to acquire a community with immediate rental upside and strong operational characteristics.

Investment Highlights

  • Below-Market Rents
  • Public Utilities
  • Upside in Filling Vacancy
  • Accessibility to Cleveland
  • Well-Maintained Community

Contact Information

Brian Hummell Senior Investment Sales Advisor P: 614.318.5482
O: 800.261.9464 ext. 711
hummell@capstone-companies.com
Kevan Enger Partner P: 407.494.8541
O: 800.261.9464 ext. 704
kevan@capstone-companies.com
Ian Hilpl Director P: 315.406.0900
O: 800.261.9464 ext. 708
ian@capstone-companies.com
Hunter LaRocca Investment Sales Advisor P: 407.227.9643
O: 800.261.9464 ext. 712
hunter@capstone-companies.com
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