Central-East Texas Portfolio

Central-East Texas Portfolio

Various cities, TX
Available
  • Property Type: Manufactured Housing
  • Property Size: / 139 Acres / 746 Sites

Overview

Capstone Manufactured Housing is pleased to present the Central-East Texas Portfolio. This portfolio features 746 sites across six communities: Gateway MHC, Cimarron Park Estates, Clear Creek Rentals, Oakwood MHP, Sunset Ridge MHP, and Hidden Valley MHP. These communities are strategically located in the Corpus Christi, Killeen, Texarkana, and Houston markets, providing scaled entry into Texas. The portfolio showcases an overall occupancy of 80%, public utilities, and below market rents. Additionally, new management can substantially reduce operating expenses by converting current park-owned home rentals to a lease-to-purchase structure. This offering presents an opportunity to gain scaled entry into Texas by acquiring six well-maintained communities with public utilities and below market rents.

Investment Highlights

Below Market Rents

Public Utilities Paid by Residents

Curb Appeal

Expansion Potential at Gateway

Scaled Entry Into Market

Contact Information

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