The Harrisburg Portfolio

The Harrisburg Portfolio

Harrisburg, PA
Available
  • Property Type: Manufactured Housing
  • Property Size: / 23± Acres / 217 Sites
  • Price: $12,300,000

Overview

Capstone Manufactured Housing is pleased to present the Harrisburg, PA Portfolio, comprised of 217-sites across two stabilized communities–Rolo Court and Wil-Lo Farm Village. These communities are well-located in the Harrisburg-Carlisle MSA and are approximately 20 minutes away from each other. This portfolio also features immediate upside, below market rents, and the opportunity to pass through trash and sewer. Furthermore, these communities showcase a combined 92% occupancy with all resident owned homes, and they benefit from shared management capabilities due to their close proximity. Additionally, the median home price in this market is $222,000. The increasing home values, coupled with the low inventory of homes, positions the Harrisburg, PA Portfolio as an attractive affordable housing alternative.  This offering presents an opportunity to acquire two well-maintained and well-occupied communities with immediate upside in a strong market.

Investment Highlights

  • Scaled Entry into Harrisburg-Carlisle MSA
  • 92% Portfolio Occupancy
  • Featuring Below-Market Rents & Shared Staffing Capabilities
  • Massive Demand for Affordable Housing
    in Immediate Market
  • All Resident-Owned Homes
  • Situated Right Off Of I-76 & I-81
  • Upside in Utility Recapture

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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