Rolling Hills

Rolling Hills

Little rock, AR
Under Contract
  • Property Type: Manufactured Housing
  • Property Size: / 22± Acres / 95 Sites

Overview

Capstone Manufactured Housing is pleased to present Rolling Hills MHP, a 95-site community in Little Rock, Arkansas. The Little Rock and the Central Arkansas region has seen historic year-over-year job growth despite the pandemic and 4,000 new jobs have entered or are planning to enter the area from major players like Costco and Amazon. Consequently, this metropolitan area that has historically been an attractive market for renters, has seen the rental rates continue to increase by 20%, thus inflating the demand for affordable housing alternatives. Through our market analysis, Rolling Hills showcases TOH lot rents that are 225% below the direct multi-family competition. Additionally, current ownership has completed many projects to further differentiate the community. This includes the complete repaving of all roads, the introduction of 45 new 2022 homes, as well as a recently completed sub-metering system for water and sewer usage. This offering provides investors with an opportunity to acquire a revitalized community strategically located in a growing market.

Investment Highlights

  • Strong Location Within the Little Rock MSA
  • Public Water & Sewer
  • Demand for Affordable Housing in Multi-Family Market
  • 45 New 2022 Homes on Site
  • Recent Capex Projects Completed
  • Well-Maintained Community

Contact Information

Kevan Enger Managing Partner P: 407.494.8541
O: 800.261.9464 ext. 7004
kevan@capstone-companies.com
Ian Hilpl Partner P: 315.406.0900
O: 800.261.9464 ext. 7008
ian@capstone-companies.com
Brian Hummell Director P: 614.318.5482
O: 800.261.9464 ext. 7011
hummell@capstone-companies.com
Hunter LaRocca Senior Advisor P: 407.227.9643
O: 800.261.9464 ext. 7012
hunter@capstone-companies.com